Google Search for "Bitcoin ETF" Falls Below 2023 Average: Has Retail Interest Peaked?
Regarding the decline in Google search popularity for “Bitcoin ETF” below the 2023 average and whether retail interest has reached its peak, here is an analysis based on available information:
1. Decline in Google Search Popularity for “Bitcoin ETF”
Recent data and market observations confirm that Google search interest in “Bitcoin ETF” has dropped from its 2023 highs. For instance, in October 2023, Google Trends showed a peak score of 100 for “spot Bitcoin ETF” searches, with “Bitcoin ETF” reaching 39, a multi-year high. However, as of April 2025, cryptocurrency-related search volumes are notably low, approaching a bottom. This decline likely reflects waning retail attention to the “Bitcoin ETF” topic, particularly after the initial excitement following the approval of spot Bitcoin ETFs in 2024 subsided.