May Monthly Recap: Ethereum ETF's Excite, Meme Coins Shine Bright


There were tons of major storylines in the month of May that left their fingerprints on price performances. Obviously, there are many we could touch on that go on beyond these three. But in terms of real-world impacts, the main narratives revolved around:


SEC Approval of First Ethereum ETF: After several weeks of anticipation and reports indicating that an ETH ETF likely wasn't going to be possible, Bloomberg suddenly came out with optimistic reports stating there had been a change of tune, and the approvals of them would be imminent. Sure enough, this wasn't a fakeout. The SEC approved the first Ethereum ETF on May 23rd, leading to a surge in interest and new exposure for Ethereum and the hundreds of assets that use its technology in some capacity.


Mt. Gox Trustee Final Payout: After over 6 years

There’s more of this Insight

Choose your subscription plan

Sanbase PRO
Unlock all PRO insights
$49/mo

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!