Google will update its advertising policies on January 29 to allow certain cryptocurrency products, including Bitcoin ETFs, to be advertised on its search engine. The SEC approved 11 spot Bitcoin ETFs on January 10, prompting Google's policy change. BlackRock and VanEck have started advertising campaigns for their spot Bitcoin ETFs on Google. BlackRock recommends an 84.9% BTC allocation in equity and bond portfolios. Anthony Scaramucci has predicted Bitcoin to reach half the market cap of gold, which is now at $14.5 trillion, equating to a $400K BTC. Since the SEC's approval, GBTC's AUM lead has reduced from $28 billion to $15 billion. BlackRock has accumulated over 52,026 BTC worth over $2.18 billion, surpassing GBTC in trading volume, and Fidelity added 2,383 BTC, holding 46,238 BTC. Over 3% of Bitcoin's supply is held by ETFs, with $1.6 trillion Franklin Templeton also advertising their spot Bitcoin ETF on Google.
Fidelity Bitcoin ETF rakes in reported $208M, offsetting Grayscale outflows alone https://t.co/zpgXLOUCjt
Blackrock Snags 52,025 #Bitcoin, While Fidelity Now Holds 46,238 BTC https://t.co/pY1QNdcC6Q
Wow! Over 3% of #bitcoin is locked up in ETFs! https://t.co/dwWl5kEDZs
Fidelity alone offset GBTC's outflows today. Oh and btw, BlackRock is still bidding. Much, much higher.
BREAKING: $FBTC (@Fidelity SPOT $BTC ETF) INFLOW (+$208M) ALONE APPEARS TO HAVE OFFSET $GBTC (@Grayscale SPOT $BTC ETF) OUTFLOW (-$192M) TODAY - PER @FarsideUK BITCOIN ETF FLOW DATA (AUTOMATICALLY GENERATED) https://t.co/rM0Qa2DvOi
Fidelity alone had more inflows than the outflows from gbtc today 🤷♂️ https://t.co/CaXDoN2Gug
Fidelity inflow of $208m today, more than offsets the GBTC outflow on its own https://t.co/aM3pnoX0OR
Hedge fund manager @Scaramucci sees $BTC soaring to at least $170,000 after the halving in April, when the number of new #bitcoin entering circulation shrinks again. https://t.co/l58H7uhK33
New Google ad policy is BULLISH for #crypto. https://t.co/VaQPprE0s2
Bitcoin ETF Flow - Day 12 GBTC flow data out $192m outflow
🚨JAN 26 #BTC ETF UPDATE GBTC outflows slowing to -6K Modest Day for New ETFs IBIT + 2K FBTC + 2.5K Total flows were flat https://t.co/C01I6YWqgM
JUST IN: BlackRock & VanEck #Bitcoin ETFs go LIVE on Google. https://t.co/oLqkLrcsT3
The World's Largest Asset Managers Begin A Bitcoin Marketing War On Google Ads BlackRock, VanEck, and Franklin Templeton are at the forefront, leveraging Google Ads to market their spot Bitcoin ETFs. This move follows Google's recent policy revision, now endorsing ads for… https://t.co/HSAFrVep5Y
BlackRock and VanEck have started advertising campaigns for its spot Bitcoin ETFs on Google, as its previously announced ad policy update took place today https://t.co/dOujAjnyTs
Indeed, the top 2 bitcoin ETFs are enabling the buying of ˜9k BTC a day, which is 10x more than total mining supplies per day, and in 3 months (after the halving) that'll be 20x more. The ETFs are a huge deal. https://t.co/IfgloPh23m
JUST IN: 🇺🇸 BlackRock drops another spot #Bitcoin ETF advertisement 👀 https://t.co/qZSlDk6fpW
The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation. The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC. IBIT’s average stack is ˜$200M/day or 4.7k BTC. FBTC’s average stack is ˜$175M/day or 4.2k BTC.… https://t.co/8jviP8Scor
For context: BlackRock has accumulated over 52,026 #BTC in last 3 weeks. MicroStrategy, known for their aggressive #bitcoin accumulation strategy, has accumulated 189,150 #BTC over the last ~four years.
If Wall Street wants to make money off crypto, Google wants their ad budget https://t.co/XlVoo1wTtg
BTC spot ETF volumes have been very positive and impressive today and Friday. We should see ~200mm inflows tonight. The discount on GBTC has been around ~-.15% all day. IBIT premium around .35%. How will BTC price do if we get 200mm inflows per day through ETFs?
3% of Bitcoin's supply is held by ETFs. But if Wrapped Bitcoin magically became an ETF tomorrow, it'd immediately be the second largest ETF after GBTC with more than triple Blackrock's holdings (Grayscale's closest competitor by size). https://t.co/S40ZHA9xED
3% of Bitcoin's supply is held by ETFs. But if Wrapped Bitcoin magically became an ETF tomorrow, it'd immediately be the second largest ETF after GBTC -- roughly 3x larger than the Blackrock ETF, Grayscale's closest competitor by holdings. https://t.co/RxG2vK6njX
Google has announced the inclusion of certain cryptocurrency products within its Google advertising network, effective Jan. 29. The announcement marks a potential turning point for mainstream acceptance of digital assets and signals renewed confidence within the financial… https://t.co/yjEfojE7bP
3% of Bitcoin's supply is held by ETFs. But if Wrapped Bitcoin magically became an ETF tomorrow, it'd immediately be the second largest ETF after GBTC -- roughly 3x larger than the Blackrock ETF, Grayscale's closest competitor.
9 Newly Launched Spot #Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion https://t.co/pY1QNdcC6Q
that's wild. already >3% of btc in etf custody. that number is probably >30% in five years https://t.co/cIe2X6rlCy
Over 3% of existing Bitcoins are currently backing spot ETF products src: https://t.co/jW6Of0Rxcc https://t.co/AiL4q7VC4m
JUST IN: 🇺🇸 $1.6 trillion Franklin Templeton is now advertising their spot #Bitcoin ETF on Google 👀 https://t.co/0WAx3gJl4C
Looking like today wont be the day but obviously not done yet. $GBTC just passed $IBIT in volume. https://t.co/hz4Wb8FxK7 https://t.co/CCcIZ9KWbD
$GBTC stands as the industry's largest Bitcoin investment vehicle by AUM as of 01/26/24, providing investors with exposure to the potential of #Bitcoin within an ETF. For details and disclosures, visit: https://t.co/RSHmZE6JJ2 https://t.co/yu4PtwwEjh
Hedge fund manager @Scaramucci sees $BTC soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again. @HeleneBraunn reports https://t.co/XGOs3V5Dlh
$IBIT way ahead of $GBTC already in volume, imagine falling for the nonsense GreyScale FUD. Imagine getting shaken out because of any FUD period. When you hear FUD on this app, BUY MORE. That's your secret sauce. https://t.co/qZhiKLKaKG
Very glad to hear that Google has decided allow for crypto ads to be run again. Today's the day. I started my career in Search and was disappointed to hear when they pulled back from letting web3 companies run ads. Another great benefit of the BTC ETF. If you see an add, screen…
JUST IN: Within the first hour of trading, BlackRock's #Bitcoin ETF is surpassing GBTC in volume, marking the first time a new #Bitcoin ETF is outperforming Grayscale. If this trend continues, it will be the first day a Bitcoin ETF has a higher trading volume than Grayscale. https://t.co/n5PrFWZhgt
🚀🎥 Big News! @Google 's latest policy update 📈 boosts Bitcoin ETF prospects 💰 @misanharriman Web 3 photography pioneer 📸, earns an Oscar nod 🏆 Dive into our latest article to explore these exciting digital frontiers! https://t.co/YdgyI0rFvX #TechNews
Only about an hour into trading but $IBIT is ahead of $GBTC in volume so far. Today *could* be the first day where one of the newborn nine trades MORE than $GBTC. Currently $155 million to $113 million 👀 https://t.co/BlHpIjU8sN
Bitfinex Alpha on-chain analysis explores the dynamics of the crypto market 👀 There's been a substantial shift in ETF flows, with significant net outflows from Grayscale Bitcoin Trust ETF (GBTC) since its conversion into a spot Bitcoin ETF. Read more: https://t.co/MOqttjexSk https://t.co/tjIuVys0B8
NEW: BlackRock continuing to stack more than 52,025 $BTC worth over $2.18 billion for their spot #Bitcoin📷 ETF Pacing to pass @saylor's MicroStrategy bitcoin bag this year 👀 https://t.co/P7E8I9PQXh
Jan 29 Update: #iShares (#Blackrock) added 2,073 $BTC($87M) and currently holds 52,026 $BTC($2.18B). #Fidelity added 2,383 $BTC($100M) and currently holds 46,238 $BTC($1.94B). #ARK 21Shares 1,105 $BTC($46.37M) and currently holds 14,390 $BTC($603.89M). https://t.co/FozTp0fWQt https://t.co/2Pe0qkP1LQ
After just ten trading sessions, $IBIT has surpassed $BITO while $FBTC, who has been hauling in $160m/day, is a mere $11m from doing so in the ETF AUM race. 1st $GBTC: $21.101B 11y 2nd IBIT: $2.182B 10d 3rd BITO: $1.896B 27m 4th FBTC: $1.886B 10d #forbescrypto https://t.co/ssKhNIlEUs
New Google crypto policy to allow ‘cryptocurrency coin trust’ ads from today https://t.co/pa5LWzNuqb
Google is Changing its Advertising Policy for Cryptocurrencies: Analysts Expect a Rise in Bitcoin ETFs https://t.co/K7oIgTSYPr
Large crypto investors boosted their $BTC stash, looking past short-term price volatility as observers anticipate billions of dollars in inflows into ETFs. reports @godbole17. https://t.co/1WgTabaJx9
📣 Latest News: Crypto Ads Could Start Appearing on Google After Tech Giant Revised Policy #news #cryptonews #crypto
GBTC started w/ $28+bil AUM lead on spot bitcoin ETF competition… That’s now down to $15bil in two weeks. GBTC = $21bil Nine new ETFs = nearly $6bil Wild.
BlackRock Recommends 84.9% BTC Allocation in Equity and Bond Portfolios — TradingView News https://t.co/6YOsgisiuC
Now that the SEC approved 11 spot Bitcoin (BTC) ETFs on Jan. 10, Google is expected to amend its rules and enable asset managers to advertise these products to a broader U.S. audience https://t.co/hgB94fTgb7
NEW: "my long-term price target is that #Bitcoin gets to easily half of the market cap of gold, which is now at $14.5T. It’s a $400K #BTC, and it would be ridiculous for people not to understand #BTC, its dynamics as a SoV and not to have a position,” says Anthony Scaramucci https://t.co/LSlPEIwDTB
Google will update its policies on Monday (January 29) to allow specific cryptocurrency products to be advertised on its search engine, according to Cointelegraph. This change could include Bitcoin ETFs. https://t.co/S6u4gqClAW