Bitcoin News on Nostr: ...
[source](farside investors)
United States-based spot Bitcoin exchange-traded funds (ETFs) saw collective inflows of $488.1 million on June 5, but Google data shows hardly anyone is searching for them compared to 2021’s bull run — a bullish sign that retail investors haven’t arrived yet. The ETFs recorded their second-best inflow day of $886.6 million on June 4. The next day achieved around half that number, with the Fidelity Wise Origin Bitcoin Fund accounting for the largest share of inflows at $220.6 million, Farside Investors data shows.BlackRock’s iShares Bitcoin Trust was second with $155.4 million, and even the Grayscale Bitcoin Trust — which has seen net outflows exceed $17.8 billion since January — saw $14.6 million in net inflows. Despite the strong inflows and a Bitcoin BTCtickers down$71,285 rally past $71,000, Google Trends data shows that, compared to 2021, hardly any Americans are conducting searches related to Bitcoin, Bitcoin ETFs, its price or crypto in general.
Published at
2024-06-06 14:28:34Event JSON
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"content": " https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1717676691585-YAKIHONNES3.webp \n[source](farside investors)\n\nUnited States-based spot Bitcoin exchange-traded funds (ETFs) saw collective inflows of $488.1 million on June 5, but Google data shows hardly anyone is searching for them compared to 2021’s bull run — a bullish sign that retail investors haven’t arrived yet. The ETFs recorded their second-best inflow day of $886.6 million on June 4. The next day achieved around half that number, with the Fidelity Wise Origin Bitcoin Fund accounting for the largest share of inflows at $220.6 million, Farside Investors data shows.BlackRock’s iShares Bitcoin Trust was second with $155.4 million, and even the Grayscale Bitcoin Trust — which has seen net outflows exceed $17.8 billion since January — saw $14.6 million in net inflows. Despite the strong inflows and a Bitcoin BTCtickers down$71,285 rally past $71,000, Google Trends data shows that, compared to 2021, hardly any Americans are conducting searches related to Bitcoin, Bitcoin ETFs, its price or crypto in general.",
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