With the US Securities and Exchange Commission (SEC) decision deadline to take place early next week, Hashdex has released a new Spot Bitcoin ETF commercial. Indeed, the commercial highlights the innovative power of Bitcoin. Specifically, displaying its parallel to the cautious optimism of credit through a news report from 1993.
The commercial is yet another advertisement that Hashdex has orchestrated surrounding its Spot Bitcoin ETF. Moreover, the digital asset management firm recently celebrated Bitcoin’s birthday in a video that was released yesterday. Altogether, it appears fully committed to reveling in the assets’ newfound status in the financial sector.
Also Read: Hashdex Releases Commercial for Spot Bitcoin ETF
Hashdex Releases Yet Another Spot Bitcoin ETF Commercial
Heading into 2024, the anticipation around a potential Spot Bitcoin ETF in the United States has reached a fever pitch. Indeed, the prevailing expectation was that an approval would be issued in the early weeks of the year. Now, with that perception remaining, several prospective issuers are getting a head start on advertisements.
Among the most impressive in that regard has been Hashdex, which has released yet another Spot Bitcoin ETF commercial. The video is the second advertisement the firm has released for their Bitcoin investment product. Moreover, it celebrates the innovation that Bitcoin maintains, while showcasing another financial innovation.
Also Read: 90% Chances the SEC Could Approve Bitcoin ETF by January, 10: Analyst
The commercial showcases a new report on Burger King accepting credit for purchases. Moreover, the report comes from 1993, when the practice was implemented by the chain restaurant. Subsequently, the commercial states that “understanding disruptive innovation takes time.” Thereafter stating that “Bitcoin’s Time Has Arrived.”
Hashdex is one of more than a dozen applicants hoping to get the first Spot Bitcoin ETF approval in the United States. Indeed, recent developments have led many to assume an approval is almost inevitable. Moreover, such an approval is likely to take place between January 8th and 10th.