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Google Data Reveals Surging Interest in Impending Bitcoin Spot ETF Launch
The buzz around the potential introduction of Bitcoin (BTC) into the mainstream financial sector through exchange-traded funds (ETFs) has gained the interest of everyday investors. According to insights from Google Trends, there has been an increased surge in searches related to the “spot Bitcoin ETF” for a five-year window, with the global search volume projected to hit a peak of 100 this week.
Similarly, searches for “Bitcoin ETF” have reached a high of 39, the highest point since the inception of ProShares’ futures-based ETF two years ago when it also touched the 100 mark.
For clarity and a better understanding of the growing interest in Bitcoin ETF, it is worth mentioning that Google Trends provides unfiltered data about search queries and rates them on a scale of 0 to 100, with 100 signifying the highest search interest for a particular term at a given time.
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