BlackRock starts advertising bitcoin ETFs on the facades of buildings in three cities in the United States

BlackRock starts advertising bitcoin ETFs on building facades in three US cities The company BlackRock, one of the leading players in the spot bitcoin ETF market, plans to advertise these exchange-traded funds on the facades of financial institutions' buildings in New York, Los Angeles and Miami. BlackRock submitted a proposal to the United States Securities and Exchange Commission (SEC) for the placement of advertisements for its spot bitcoin ETF under the ticker IBIT. As an example, representatives of the company demonstrated photographs of their office in Miami, where the abbreviation IBIT is visible and a scale of events is drawn that led to the launch of spot bitcoin ETFs.

BlackRock did not specify whether they would rent space from other organizations or only project videos on their own facilities. Earlier, the iShares Bitcoin Trust fund, which manages the assets of the spot bitcoin ETF of the BlackRock company, reported that it took first place among all 11 existing bitcoin ETFs with $1 billion in collected funds.