Franklin

FOMO

Spot

Coin

<ul class="news-points"> 
 <li><strong>The crowd hype surrounding Franklin Templeton’s ETF filing has died.</strong></li> 
 <li><strong>According to Santiment, the FOMO is not different from that of previous ETF filings.</strong></li> 
 <li><strong>Santiment warned users to beware of overreactions following ETF filing announcements.</strong></li> 
</ul> 
<p>The crowd hype surrounding the recent Spot Exchange Trust Fund (ETF) filing by Franklin Templeton, a global investment firm, has died. According to Santiment, the market intelligence platform with social and on-chain metrics, the fading Fear Of Missing Out (FOMO) is not different from that experienced with previous ETF filings.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f973.png" alt="🥳" class="wp-smiley" style="height: 1em; max-height: 1em;"> Similar to previous crowd hype around <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETF</a> news, the <a href="https://twitter.com/hashtag/FOMO?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FOMO</a> surrounding <a href="https://twitter.com/hashtag/FranklinTempleton?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FranklinTempleton</a>'s filed ETF has died down quickly. ETF's should benefit <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> in the long term. But beware of initial overreactions when this kind of news first goes mainstream. <a href="https://t.co/kOyz37bQSS" target="_blank" rel="noopener noreferrer nofollow">https://t.co/kOyz37bQSS</a> <a href="https://t.co/Ki6fpWQnKd" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Ki6fpWQnKd</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1701851729518793189?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 13, 2023</a> 
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<p>In a recent post on X (formerly Twitter), Santiment noted that ETFs should benefit the crypto market in the long term. However, the market analysis platform warned users to beware of overreactions whenever news of <a href="https://coinedition.com/21shares-and-ark-file-for-first-us-spot-ether-etfs-pending-sec-approval/" rel="noopener noreferrer nofollow">ETF filings</a> goes mainstream.</p> 
<p>F…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/franklin-templetons-etf-induced-fomo-lasts-only-24-hours/">Franklin Templeton’s ETF-Induced FOMO Lasts Only 24 Hours</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Franklin Templeton’s ETF-Induced FOMO Lasts Only 24 Hours

Coin Edition

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