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 <p>Amid its pending application with the US Securities and Exchange Commission (SEC), Bitwise has officially released a new spot Bitcoin ETF commercial. Indeed, the advertisements featured actor Jonathan Goldsmith, known for his recurring “The Most Interesting Man in the World” character.</p>
 <p>Within the commercial, Bitwise shares a link to its website, while referencing “ETFs backed by crypto specialists.” Conversely, the San Francisco-based asset manager is currently one of a dozen applications seeking to bring forth the first approved spot Bitcoin ETF in the United States.</p>
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    <p lang="en" dir="ltr">JUST IN: Bitwise releases new Spot #Bitcoin ETF commercial. pic.twitter.com/fkS5lXZ1Ci</p>
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    </div> — Watcher.Guru (@WatcherGuru) December 18, 2023
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 <p><strong>Also Read: BlackRock &amp; SEC Hold Another Meeting Over Its Spot Bitcoin ETF</strong></p>
 <h2 class="wp-block-heading" id="h-bitwise-debuts-spot-bitcoin-etf-commercial-approval-incoming">Bitwise Debuts Spot Bitcoin ETF Commercial; Approval Incoming?</h2>
 <p>Over the last several months, the digital asset industry has seen abundant speculation regarding a spot Bitcoin ETF in the United States. Such an investment product has long been rejected by the SEC, with court rulings and traditional finance involvement turning the tide.</p>
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 <p>Now, as their application is pending, Bitwise has officially debuted a Spot Bitcoin ETF commercial. Featuring “The Most Interesting Man in the World,” the advertisement tells viewers to “look for Bitwise” while referencing a Bitcoin ETF. The asset manager is one of a dozen ongoing applications for the investment product.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="538" src="https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp" alt class="wp-image-121835" srcset="https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 1024w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 300w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 768w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 380w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 550w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 800w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 1160w, https://cdn.thebittimes.com/images/2023/12/18/ac433d1208c63d739565a37a168f2526.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p><strong>Also Read: Bitwise Spot Bitcoin ETF Listed on DTCC</strong></p>
 <p>Since the applications began arising, the expectation of approval has increased. Indeed, ongoing discussions between the SEC and the issuers have subsequently grown that likelihood. Currently, experts predict that a 2024 approval is a likely scenario, with a host of companies receiving such a response.</p>
 <p>Bitwise could be one of several companies that will see their applications approved. Moreover, its investment into an advertisement signaling such a development could speak to its confidence in such an approval. Bloomberg’s James Seyffart has previously predicted that such an event would occur between January 8th and the 10th.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitwise-releases-spot-bitcoin-etf-commercial-tbt74065.html">https://thebittimes.com/bitwise-releases-spot-bitcoin-etf-commercial-tbt74065.html</a></p>

Bitwise Releases Spot Bitcoin ETF Commercial

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