Snacks
DEFI(NE)

Heard on the Block: “crypto coin trusts”

Snacks / Tuesday, December 12, 2023

🪙 The business of HODL’ing…

Google said that starting next month it’ll allow ads for “crypto coin trusts” — financial products that let investors trade in cryptocurrency holding trusts (picture: an actively managed basket of coins). It’s an update to the tech titan’s rules, which prohibit advertising products like initial coin offerings. The change could clear the way for spot bitcoin ETF ads on Google just as industry insiders expect US regulators to approve a batch of the funds as soon as next month.

Get Your News

Subscribe and thrive

This site is protected by reCAPTCHA.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.