Retail Investors Eye Bitcoin Spot ETFs as Approval Nears

Interest in bitcoin spot ETFs is increasing based on Google Trends data showing search values for "spot bitcoin ETF" nearing an all-time high of 100.

Retail investors are looking for information on how spot ETFs could impact bitcoin's market capitalization.

Market participants expect the SEC will approve a spot ETF in early 2023 after missing a deadline to challenge a legal loss.

Approval of a spot bitcoin ETF is seen as an indicator of bitcoin becoming more mainstream.

A spot ETF would allow direct exposure to bitcoin without having to own cryptocurrency.