"Bitcoin Surges Toward All-Time Highs, Igniting Retail Investor Interest"

Crypto analytics firm IntoTheBlock noted that retail investors have shown muted participation in Bitcoin's rally towards all-time highs, with on-chain data and web searches indicating a lack of retail froth. This suggests that institutional investors may be driving this phase, with eyes on ETFs as potential accumulators. Despite Bitcoin's rapid price movement, metrics such as web searches and application downloads remain subdued, indicating a quiet retail front. The surge in Bitcoin's price has been mainly driven by strong inflows into U.S.-listed spot bitcoin exchange-traded funds (ETF).