The Coinbase executive highlighted that in the last six months, Robinhood’s Bitcoin holdings have grown by around 14%, expanding its presence in the market. This suggests that retail users are showing renewed interest in crypto, although not yet in Ethereum.
Between the start of 2024 and March, the value of Bitcoin has surged by over 70%, hitting a record high of $73,750. In contrast, Ethereum’s growth has been less significant, with an increase of only 58% and failing to surpass its previous high of $4,890 from late 2021.