- Ethereum’s social activity has risen in the past 24 hours.
- However, bearish sentiments continue to climb.
Leading altcoin Ethereum [ETH] has seen a spike in social activity following reports from multiple issuers in Hong Kong that their applications for spot bitcoin and ether exchange-traded funds (ETFs) have been approved, according to Santiment.
🗣️ As #crypto prices have been on the decline, #Ethereum is seeing the fastest rise in discussion rate. The new #ETF has caused more interest in the #2 market cap asset, even though #shorts are rising rapidly. Also, keep an eye on #Beam‘s rise in interest. https://t.co/0bfF7HR4lw pic.twitter.com/j6zyJqpiMT
— Santiment (@santimentfeed) April 16, 2024
On 15th April, in a series of announcements, China Asset Management, Harvest Global Investments, Bosera Capital, and other applicants confirmed that the Hong Kong Securities and Futures Commission (SFC) had approved them to list…
