Bitcoin has surged to a new all-time high, climbing past $122,000 on Monday, driven largely by renewed interest in exchange-traded funds (ETFs) and increasing institutional investment. According to Coin Metrics, the cryptocurrency peaked at $122,600 at 1:27 p.m. Singapore time.
The rally has been fuelled by significant inflows into Bitcoin ETFs, with last Thursday marking the biggest day of 2025 for ETF investments in the sector, bringing in $1.18 billion. Institutional buyers, rather than retail investors, have been leading the charge, according to market analysts.
