Hashdex, an asset management firm, has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) is in the process of reviewing applications for the listing of spot Bitcoin exchange-traded funds (ETFs) in the country.
On December 28, Hashdex posted an advertisement on X (formerly Twitter), aligning with the ongoing deliberations at the Securities and Exchange Commission (SEC) regarding the approval or denial of applications for listing spot Bitcoin exchange-traded funds (ETFs) in the United States. The ad spot from Hashdex presents an interview scenario set in the 1980s, a period characterized by the increasing adoption of personal computers.
pic.twitter.com/fVndEbD0Ys
— Hashdex (@hashdex) December 28, 2023
In the interview, the subject expresses criticism towards using home computers for everyday tasks, reflecting a dismissive attitude towards the technology.
The individual in the interview remarks,
“It is amazing to me that tremendous impact that home computers have had on everyone, and yet it seems to me that people I have talked to have said that it takes longer to do something by putting it into your computer and calling it up again than if you just kept a simple record for yourself in-house.”
The ad spot delivers the message, “Understanding disruptive innovation takes time. Bitcoin’s time has arrived,” underscoring the idea that groundbreaking innovations, such as spot Bitcoin ETFs, may face skepticism initially but ultimately prove their transformative potential. This release coincides with the heightened anticipation and discussions surrounding the potential approval of spot Bitcoin ETFs by the SEC, with the advertisement aiming to highlight Bitcoin’s significance as a disruptive force in the
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