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$BTC Hits Records but Retail Interest Remains Absent
$BTC reached consecutive all-time highs this week, yet retail investors show little interest in jumping back in.
Google search interest for "#Bitcoin" increased only 8% during the week of July 6-12 despite new highs.
Search interest remains 60% lower than November 2024, when Trump won the presidential election.
"Latest leg up is mostly driven by institutions," said Bitwise head of research André Dragosch.
Spot $BTC #ETFs recorded over $1 billion in inflows on both Thursday and Friday for the first time.
$BTC commentators suggest that retail thinks the $117,000 price means they "missed the boat."
The week following Trump's election victory saw $BTC rally to $100,000 for the first time ever.
ETF inflows totaled $2.72 billion over five trading days, according to Farside data.
