Hassan Maishera
Key takeaways
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BTC has rallied to a new all-time high of $109.4 after adding more than 4% to its value in the last 24 hours.
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The rally comes amid growing institutional demand, with BlackRock’s IBIT recording nearly $9 billion worth of net inflows in 2025.
BTC Sets a New All-time High
Bitcoin, the leading cryptocurrency by market cap, has set a new all-time high after adding 4% to its value in the last 24 hours. BTC’s price reached $109,453 a few minutes ago, its new all-time high. The new all-time high surpassed the $109.1 that was achieved earlier this year.
BTC has slightly retraced and now trades at $109,289 per coin, but could rally higher in the short term. The rally can be attributed to strong institutional demand in recent months.
Strategy and Metaplanet continue to add more bitcoins to their balance sheets, while states such as New Hampshire have approved the establishment of a strategic Bitcoin reserve.
Furthermore, the spot Bitcoin ETFs continue to gain massive adoption by institutional investors. According to The Block's data dashboard, BlackRock’s IBIT, the leading spot Bitcoin ETF, has recorded a net inflow of $8.9 billion since the start of the year.
This rapid surge sees BlackRock's spot bitcoin ETF closing in on the iShares 0-3 Month Treasury Bond ETF (SGOV), Vanguard Total Stock Market ETF (VTI) and the SPDR Portfolio S&P 500 ETF (SPLG), with $16.8 billion, $15.2 billion, and $13 billion in year-to-date inflows, respectively.
Furthermore, IBIT now has $66.9 billion in assets under management. Growing institutional demand could see Bitcoin’s price surge higher in the short to medium term.
