$122,000 And Climbing: Bitcoin Sets New Record As ETFs Drive Demand

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July 14, 2025 · 8:00 PM

$122,000 And Climbing: Bitcoin Sets New Record As ETFs Drive Demand

Bitcoin surged above $122,000 on Monday, driven by significant inflows into spot Bitcoin ETFs and increasing institutional interest. On Thursday alone, Bitcoin ETFs attracted $1.20 billion, marking the largest single-day inflow of 2025, with total institutional flows exceeding $2 billion last week. This surge has led to a rise in open interest on futures, now over $43 billion.

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