Bitwise Bitcoin ETF Receives ‘Most Exciting’ Approval
Key Takeaways
- Bitwise Asset Management is launching a promotional campaign featuring “the most interesting man in the world” Jonathan Goldsmith to promote its Bitcoin ETF.
- This campaign coincides with Bitwise’s ongoing efforts to seek SEC approval for a Bitcoin ETF, as the SEC has yet to approve a Bitcoin or Ethereum ETF for trading in the United States.
- This endorsement highlights the cryptocurrency industry’s efforts to gain mainstream recognition and acceptance through high-profile endorsements.
Jonathan Goldsmith I’m back, this time Promotion of Bitcoin Exchange Traded Fund (ETF) For Bitwise asset management.
In a recent X (formerly Twitter) post:Bitwise released an ad featuring Goldsmith as his classic character, but with a cryptocurrency twist.
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Campaigns are aligned with: Bitwise’s Bitcoin ETF application is pending with the SEC.As regulatory approval still awaits Significant Hurdles for U.S. Cryptocurrency ETFs.
Goldsmith painted a picture “The most interesting man” The character returned to deliver a cryptocurrency-focused message in Dos Equis beer commercials from 2006 to 2018.
Do you know what’s fun these days? Bitcoin. Check out Bitwise, my friends.
The 85-year-old actor briefly revived the character for a 2019 Super Bowl commercial and for a tequila brand. Bitwise’s decision to bring him back is consistent with their thinking. Efforts to Obtain Regulatory Approval for Bitcoin ETFA feat that has so far eluded the SEC.
The SEC has not yet approved Bitcoin or Ethereum exchange-traded products for U.S. exchanges.. Bitwise’s previous BTC ETF application was delayed in August, triggering a revision in September.
However, while it is not uncommon for cryptocurrency companies to recruit prominent figures for marketing, these campaigns can be confronting. Legal issues in case of regulatory issuesAs can be seen in Cristiano Ronaldo’s relationship with Binancefor example.
Ain is a senior cryptocurrency researcher. Her vast experience with content related to cryptocurrency and blockchain technology allows her to identify key information that should be presented to learners and ensure the validity of the data collected.
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