Google keeps updating its policies from time to time, so that new features are provided to the users. As part of this process, Google is considering updating its policies to allow advertising of some cryptocurrency products on its search engine. After this announcement by Google, the crypto community is very excited and are hoping that advertisements related to spot Bitcoin ETF can appear on #Google.
The community argues that Bitcoin exchange-traded funds (ETFs) meet all the criteria and its influx in Google searches raises hopes that advertisements related to it will appear in Google Ads. However, cryptocurrency markets are risky markets and may lead to losses for uninformed investors. In such a situation, Google has made rules related to the advertisement of these products, so that investors can be protected from risky investments and they do not lose money.
According to Coingabbar, there is a strong possibility of ads related to Spot Bitcoin ETF appearing on Google. Because after the spot Bitcoin ETF gets approval from the SEC, it is available for investment to the general public in the US. These are regulated under the Securities Act of 1933, making them a safe option for obtaining advertising approval from Google. It is worth noting that Google will update its ad policy on January 29.
All 10 #spotBitcoinETF applications have been in the news ever since they received approval from the Securities and Exchange Commission. The effect of which has also been seen on Google Search. Ever since the spot Bitcoin ETF application was filed with #SEC, spot Bitcoin ETF has been more searched on Google than other keywords every second.
Now even after getting the approval, there has been no decrease in its searches, due to which the crypto community has full hope that advertisements of Spot Bitcoin ETF will start appearing on Google soon. Let us tell you that on January 10, the Securities and Exchange Commission (SEC) had given approval to all 11 #BitcoinETF. As previously said by coin gabbar news website, other ETFs such as spot XRP ETF is quite difficult to be approved by the SEC.
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