Two more Bitcoin ETF commercials released

The race for investor favor has begun. Bitwise follows suit, as Hashdex releases its first ad for the spot Bitcoin ETF shows.

''I thought you would like to know: Satoshi sends his regards,'' says the continued On Bitwise's first Bitcoin advertisement. Featured in it again: Actor Jonathan Goldsmith in his role as "The Most Interesting Man In The World."

In addition to the asset manager's follow-up video, another player is also entering the marketing arena: Hashdex. Its Bitcoin ETF-commercial was released Dec. 21.

It says, "Equities are not crypto. Fixed income securities are not crypto. Precious metals? No, not crypto either. Your Bitcoin investment earns a company focused on crypto". All you see is a dump truck driving slowly up a mountain.

Both asset managers are among a number of applicants who have filed an application for a Bitcoin spot ETF with the U.S. Securities and Exchange Commission (SEC).

The fact that they are starting to promote their products now makes approval all the more likely. Market experts believe approval of the first Bitcoin Spot ETFs in the U.S. is possible by January 2024.