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The Daily Hodl
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Grayscale Launches New Crypto Ad on National TV, Highlighting Bitcoin and Eight Altcoins

by Daily Hodl Staff
August 11, 2020
in Bitcoin

Grayscale’s national TV ad that promises to bring crypto to the masses has officially launched.

The billion-dollar asset management firm released the 30-second clip on Twitter. The commercial highlights the massive money printing of central banks and the pitfalls of paper money to compel people to invest in digital assets. The ad will be featured on CNBC, MSNBC, FOX, and FOX Business.

The end of the commercial lists Grayscale’s nine crypto products, which offer exposure to Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Stellar (XLM), Ethereum Classic (ETC), Zcash (ZEC), and Horizen (ZEN).

Our new commercial debuts TODAY… Trust us: AUDIO ON! #GoGrayscale pic.twitter.com/hPhUgp7HiY

— Grayscale (@Grayscale) August 10, 2020

Although the video has hit 76,000 views, 2,200 likes, and 1,000 retweets at time of publishing, some members of the cryptoverse are not impressed. One user pointed out that the ad spent most of its airtime talking about the history of currency and money while giving limited exposure to Grayscale’s products.

Another crypto enthusiast is disappointed that the commercial’s narrator failed to mention Bitcoin by name.

I can’t believe you spent that much money, didn’t say “Bitcoin,” and actually listed Bitcoin Cash and Ethereum Classic (which is currently under centralized attack) in this ad.

I was hyped for this and I must say it was a disappointment.

— John Miles (@imjmiles) August 10, 2020

Grayscale’s new commercial is the second big advertising push from the leading digital asset investment firm. Grayscale released two ads in succession last year, comparing Bitcoin to gold.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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