INSUBCONTINENT EXCLUSIVE:
Bitcoin has reached consecutive record highs this week, yet retail investors seem reluctant to jump back into the market, according to a
crypto researcher.However, demand for spot Bitcoin (BTC) exchange-traded funds (ETFs) is surging, with Thursday and Friday recording daily
The increase coincided with Bitcoin breaking its previous all-time high of $111,970 on Wednesday, and climbing further to $118,780 by
Source: Google TrendsHowever, Bitcoin search interest is 60% lower than the week of Nov
propelled Bitcoin to reach $100,000 for the first time ever on Dec
above $113K is securedMeanwhile, spot Bitcoin ETFs had a strong trading week, with $2.72 billion inflows over the five days, according to
Farside data.Cointelegraph recently reported on July 5 that if the end holder of a BTC ETF share is a retail client, it may be time to
reconsider how onchain data is interpreted, as this could represent the reality of retail Bitcoin demand.Magazine: Inside a 30,000 phone bot
farm stealing crypto airdrops from real users