- Facebook and Instagram may allow advertising of Bitcoin ETFs, the president of the ETF Store said.
- Meta is currently updating its policies in the US following the SEC's decision.
He also cited an Alphabet spokesperson who said that after applications for spot Bitcoin ETFs were approved by the US Securities and Exchange Commission (SEC), the company allowed advertising for these products on Google and YouTube.
“Facebook and Instagram may soon follow suit. Parent company Meta Platforms is currently updating its policies in the US following the SEC decision,” an Alphabet spokesperson said.
Let us remind you that Google previously allowed advertising of cryptocurrency ETFs. Bitcoin spot fund issuers such as VanEck, BlackRock and Franklin Templeton have already begun promoting their products.