Meta To Join Google To Allow Bitcoin ETF Ads on Facebook and Instagram

In a notable observation, Nate Geraci, President of ETF Store, has suggested that Facebook and Instagram might soon permit the display of advertisements for spot Bitcoin Exchange-Traded Funds (ETFs).

Geraci’s insight hints at a potential shift in advertising policies on popular social media platforms, with expectations that they may open up to advertisements related to spot Bitcoin ETFs in the near future.

Referring to Facebook as a potential “boomer honeypot,” Geraci implies that the social media giant’s user base, which includes a significant demographic of older individuals, could play a crucial role in broadening the reach of Bitcoin ETF ads.

As the cryptocurrency and ETF landscapes continue to intersect, the prospect of major social media platforms embracing Bitcoin ETF advertisements could mark a significant development for the crypto industry.

Furthermore, launching Bitcoin ETF ads on FB and Instagram could be interesting since these platforms have a large user base of millennials and GenZ, who are more attuned to the crypto world. However, not everyone is willing to offer crypto ads.

Source: https://coingape.com/meta-to-join-google-to-allow-bitcoin-etf-ads-on-facebook-and-instagram/