Aptos Gains 9% After Bitwise ETF Filing Despite Market Slump
- Aptos (APT) rose over 9% following Bitwise’s filing for an ETF tracking its spot price.
- APT, the 35th largest cryptocurrency by market value, had fallen about 38% in the past month.
- Bitwise registered the potential Aptos ETF in Delaware but needs SEC approval.
- Bitcoin fell nearly 18% over the past month, recently trading at approximately $84,325.
- Ethereum traded at around $2,320, down more than 26% over the past month.
Aptos experienced a significant price increase of over 9%, attributed to Bitwise’s filing for an exchange-traded fund. This comes amid a broader market downturn that has seen Bitcoin and Ethereum suffer substantial losses.
Source (2.6)https://decrypt.co/308052/aptos-climbs-bitcoin-ethereum-remain-down?rand=52368
