Are Bitcoin ETF ads moving to Google?
Google, the largest search engine in the internet world, is changing its cryptocurrency advertising policy in the coming day. With the new update, it is expected that spot Bitcoin ETF advertisements listed in the USA will be allowed.
Pointing out that one hundred thousand users search on Google every second, cryptocurrency analysts predicted that interest in spot BTC funds would increase as advertisements moved to this medium. The fact that the search engine defined the products it allows as "cryptocurrency trusts" in its update to its advertising policy raised a question mark in people's minds.
Crypto influencers, who do not lose hope despite the uncertainties, claim in their posts on social media that ads on Google will significantly increase the use of Bitcoin at the individual and corporate level.
But Google remains vague, stating the permitted products as “cryptocurrency money trusts.” This makes it unclear exactly which cryptocurrency products can be advertised.
The change in Google's crypto advertising policy could be a significant opportunity for Bitcoin ETFs. Time will tell how this change will affect the cryptocurrency market. According to DemandSage's research, users made 8.55 billion searches per day on Google.