#BTC120kVs125kToday Bitcoin has just experienced one of the most optimistic weeks of 2025, thanks to the new all-time highs reached. Today it is precisely marking new ATH at 119,262 USD.

At the time of writing, the price of BTC is trading at 119,032 USD, with daily gains of 1.24%, weekly gains of 9.35%, and monthly gains of 13.56%. It is difficult to keep up with the price, and it is likely that between the publication and reading of this article the record levels have changed. What is currently driving Bitcoin's record levels?

The current levels of BTC are being driven mainly by renewed institutional interest. Spot Bitcoin ETFs are registering a strong wave of investments. Clearly, there is a new influx of capital into these funds, indicating that more investors are willing to bet on them and on Bitcoin.

Matt Hougan, Chief Investment Officer of Bitwise, explained on July 11 in an interview with CNBC that the demand for bitcoins from large companies and institutional investors is very high at the moment, but the supply is very limited. He indicated that the Bitcoin blockchain currently only produces 450 bitcoins a day, while in a single day ETF funds bought 10,000 bitcoins, a figure that far exceeds the daily production.