Bitcoin ETFs have seen significant inflows of $880 million on June 4 and $488.1 million on June 5, with the Fidelity Wise Origin Bitcoin Fund leading the way with $220.6 million in inflows. The price of Bitcoin has surpassed $70,000, reaching $71,082.55. However, Google search interest in Bitcoin-related terms remains low compared to the 2021 bull run, indicating that retail investors may not have fully embraced Bitcoin ETFs yet. This could be a positive sign for future growth. Crypto analyst Miles Deutscher noted that market conditions are different now compared to previous bullish periods, with altcoins not performing as well as Bitcoin. Despite the lack of search interest, the community remains optimistic about Bitcoin, especially considering the accumulation of Bitcoin by various ETFs.
Article Source
https://ambcrypto.com/bitcoin-etfs-880m-inflows-despite-muted-google-searches/amp/
