BAT Token Reaches 100 Million Daily Active Users, Debuts in ETF Market

BAT token, the native cryptocurrency behind the Brave browser, has reached a milestone of 100 million daily active users. At the same time, an exchange-traded fund

The Basic Attention Token (BAT) has reached a new milestone with 100 million daily active users. At the same time, an exchange-traded fund (ETF) for BAT has been approved and will be supported by Grayscale, the largest institutional crypto ETF player in the world.

The ticker will be GBAT and the ETF will be accessible to any institutional and retail user through an ISIN number without needing to make any further conversions outside of the banking system. This makes BAT as accessible to the institutional players as Microstrategy stock, which uses its treasury and balance sheet for Bitcoin accumulation.

Founded by Brendan Eich, Founder of Mozilla and inventor of JavaScript, the most popular programming language in the world, BAT token powers Brave browser and is supported by over 100 cryptocurrency exchanges all over the world since 2017, including the US, Korean, Japanese, Chinese, UK and EU markets.

BAT token rallied by over 100% last week, based on the recent news about the US Department of Justice (DOJ) ruling on the breakup of Google and forcing the sale of Chrome browser. The market sentiment consensus is that BAT is uniquely positioned to aggressively capitalize on the opportunity.

Crypto and DeFi are complex, and the $330 billion digital ad industry is broken, harming users, publishers, and advertisers.

With Basic Attention Token and Brave, we aim to simplify crypto for the next billion users while fixing inefficiencies and protecting privacy in digital advertising