What are #cashtags?
They are like a Twitter hashtag but instead of putting a # on the front of a term you put a $. The feature has actually been around since 2012 and was originally for stock price news where you would use the firm ticker symbol - for example if you want Google stock price related tweets you would search for $GOOG
They have now expanded to cover ETFs, commodities, emerging markets, bonds, and cryptocurrencies. For example:
- Soybeans is $SOYB
- First Trust Hong Kong ETF is $FHK
- Australian currency is $FXA
The cryptocurrencies are mostly what you would expect ($BTC, $ETH etc) but these are possibly less useful due to the amount of spam.
Did you know about #cashtags? If not, hopefully this has been useful.