Ethereum Interest Soars on Google Trends Ahead of ETF Launch
Recent statistics from July 16, 2024, reveal a surge in interest for “ethereum” on Google Trends, rising sharply from a score of 57 on July 14 to a peak of 82 on Monday.
Concurrently, searches for “bitcoin” also increased, moving from 71 to 76 over the same period within the past 30 days. The heightened interest in Ethereum comes ahead of the impending launch of spot ether exchange-traded funds (ETFs), while Bitcoin’s popularity follows a recent price surge.
Google Trends uses a scoring system from 0 to 100 to gauge search interest over time, allowing for comparisons between different search terms and periods.
Clever Robot News Desk 17th July 2024