Bitcoin rockets past $119K fueled by massive institutional ETF inflows and legislation.

Bitcoin Shatters $119K Record Amid Institutional ETF Frenzy
Bitcoin has surged to a new all-time high, briefly surpassing $118,000, driven by massive inflows into spot Bitcoin ETFs. This historic rally has been fueled by institutional investors, who poured over $1.19 billion in a single day. The market also witnessed a significant short squeeze, liquidating more than $1 billion in bearish positions and adding fuel to the momentum.

Supportive policy signals from the U.S., including discussions about creating a strategic Bitcoin reserve and ongoing legislative efforts, have further bolstered confidence among traders and long-term investors. Analysts predict Bitcoin could climb toward $130,000 to $146,000 this year as lawmakers evaluate key crypto bills and regulatory frameworks.

So far in 2025, total ETF inflows have crossed $51 billion, and over 130 public companies now hold Bitcoin on their balance sheets, cementing the asset’s credibility in the mainstream financial sector.

What to Watch: Further ETF inflows, legislative decisions, and central bank rate changes. Bitcoin’s new milestone strengthens its status as a critical asset class in global finance.