Within one week of the commencement of the Bitcoin TV advertisement earlier proposed by Grayscale, report has shown that it has begun to yield results.
Barry Silbert, CEO of Grayscale is said to have revealed that the asset management firm has recorded its most productive week, ever.
This success, Silbert attributed to the TV ad displayed on FOX Business, MSNBC, FOX and CNBC, which are the major United States Television networks.
Recall, Newslogical reported some days ago how Grayscale intends to launch national crypto related advert campaigns.
Grayscale’s CEO, is elated to take to Twitter how this ad has been able to fetch the firm about 217,000,000 USD, within its first seven days.
According to a report, even though the commercial advert by Grayscale got so many users in the crypto space disappointed due to the vague messages passed across to the populace, where emphasis was laid on, ‘go digital’, and no much information disseminated about Bitcoin and other crypto, it yielded positively, still.
Invest In Bitcoin, Now!
The Grayscale commercial ad didn’t only end on the U.S. major TV networks, but was extended to other media such as Financial Times, where Grayscale broadcasts, “The best time to invest in Bitcoin is now!
It further reveals, stating that times and seasons are undefined, as a result, Bitcoin stands to be a solace from total dependency on the customary monetary system.
The company suggests that investors should seize the privilege of investing in Bitcoin as it’d serve as the best way to overcome the inflation policies, put forth by the U.S. Federal Reserves.
Due to the ongoing pandemic, the asset management company announced on TV that investors shouldn’t fold their arms and allow this golden opportunity of investing in BTC pass them by.
Unlike the TV ad, the Financial Times publication was more appreciated as users in the crypto market responded positively.
Among the response was that of a Twitter user, Steve Maximus Hodl, where he says, the ad is without complexity and hits the nail on the head.
Furthering, Grayscale reveals that August 7 through 14 which represented the one week duration that the TV ad held, the fund reported to have been accrued by the company rose steeply from $5.6,000,000,000 to 5.9 billion USD, this is indeed a groundbreaking feat.
Bitcoin, however retains its nomenclature; crypto giant, in the report by Grayscale, where it is seen to have received the leading investment within the seven days commercial placement.
