July 14, 2024
Bitwise Launches Ether ETF Commercial with Mintable NFT Option
NFT

Bitwise Debuts Ether ETF Commercial with Mintable NFT Option

Bitwise, a digital asset manager, has launched its inaugural spot Ether exchange-traded fund (ETF) commercial, bridging traditional finance advertising with the dynamic realm of NFTs. This 39-second clip, available for minting on Ethereum, represents a significant stride in promoting digital assets through cutting-edge blockchain technology.

Highlighting Ethereum’s 24/7 Accessibility

The Ethereum advertisement emphasizes the platform’s uninterrupted availability in contrast to the restricted operating hours of traditional finance. Inspired by a classic Apple commercial from the early 2000s, the ad portrays a young man embodying Ethereum and an older man in business attire and nightwear symbolizing “Big Finance.” As “Big Finance” prepares for rest, the Ethereum figure showcases the platform’s continuous benefits, such as stablecoins, NFTs, and loans.

Mintable NFT Opportunity

Bitwise offers viewers the chance to mint the commercial as an NFT, allowing them to own a piece of crypto history. As per the Zora Network, 1,630 mints have been created by 848 different minters to date. Profits from these mints are evenly distributed between the Protocol Guild, supporting Ethereum open-source developers, and the commercial’s stars, Jamie Kaler and Michael Tacconi.

Investment and Future Initiatives

Beyond its advertising campaign, Bitwise is gearing up for a substantial investment in its Ethereum ETF. Following approval of its 19b-4 application by the United States Securities and Exchange Commission on May 23, Bitwise updated its S-1 registration statement on June 18, signaling a potential $100 million investment upon the ETF’s launch.

Victoria Kulbanska Anderson, Head of Growth Marketing at Bitwise, highlighted the campaign’s goal of showcasing Ethereum’s versatility with the accessibility, humor, and crypto-native ethos that define Bitwise.

Conclusion

Established in 2017, Bitwise continues to offer a diverse array of professional investment products, including ETFs, private funds, active solutions, and separately managed account strategies. By collaborating with investment professionals and financial institutions, Bitwise facilitates education and access to Bitcoin and other crypto assets, reinforcing its commitment to advancing the digital asset landscape through innovative ventures such as the BITWISE ETHEREUM COMMERCIAL and MINTABLE NFT offerings.

Image by pikisuperstar on Freepik

Disclosure Statement: Miami Crypto does not take any external funding, or support to bring crypto news to the readers. We do not have any conflicts of interest while writing news stories on Miami Crypto.

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