Despite the total cryptocurrency market capitalization rising 3.36% to $2.26 trillion, the Cryptocurrency Fear and Greed Index remains in the "Extreme Fear" zone. Social data from LunarCrush shows that investor attention is shifting toward large financial institutions. Vanguard's mentions surged 146%, reaching a new all-time high, mainly due to substantial inflows into its VOO ETF. BlackRock follows closely behind, with its Bitcoin ETF becoming an important channel for institutional investment. Conversely, as market sentiment becomes more cautious, Goldman Sachs' social media attention has declined, and Google Trends' search volume for "cryptocurrency" has dropped to its lowest point of the year.
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Despite the total cryptocurrency market capitalization rising 3.36% to $2.26 trillion, the Cryptocurrency Fear and Greed Index remains in the "Extreme Fear" zone. Social data from LunarCrush shows that investor attention is shifting toward large financial institutions. Vanguard's mentions surged 146%, reaching a new all-time high, mainly due to substantial inflows into its VOO ETF. BlackRock follows closely behind, with its Bitcoin ETF becoming an important channel for institutional investment. Conversely, as market sentiment becomes more cautious, Goldman Sachs' social media attention has declined, and Google Trends' search volume for "cryptocurrency" has dropped to its lowest point of the year.