#ETFvsBTC $BTC Bitcoin hit new all-time highs, kicking off the week by quickly surpassing $120,000 after Trump threatened 30% tariffs on the EU and Mexico starting August 1st if an agreement isn't reached before then. "Crypto Week" begins today in the US House, where US lawmakers will debate a series of bills that could define the regulatory framework for the sector. A particular focus is the Genius Act, a bill recently passed by the Senate that proposes a federal regulatory framework for stablecoins.Bitcoin's price surged to $123,100, marking a year-to-date gain of approximately 30% after more than doubling in value in 2024. Ether, the second-largest token, also rose sharply, surpassing $3,000.
New all-time highs also for Strategy , Michael Saylor's company that operates as a Bitcoin treasury and boasts a total of almost 600 thousand tokens held, equivalent to a value of over 73 billion dollars.The surge in investment through Bitcoin ETFs continues . US spot bitcoin ETFs have purchased 23,831 bitcoins in the last five trading days, a volume nearly 10 times greater than the number of newly mined bitcoins. "Global net inflows into crypto ETPs have nearly reached $4 billion, marking the week with the largest net inflows of 2025. In the US alone, daily inflows into spot bitcoin ETFs hit the second-highest level of the year, and last Friday, US spot bitcoin ETFs took in $1.03 billion in a single day, with total weekly net inflows of $2.724 billion," said André Dragosch, Head of Research for Europe at Bitwise.
Global net inflows into Ethereum ETPs have also been relatively strong, with last week being the best week of 2025, at $978.1 million.Central banks are continuing with expansionary monetary policies, fueling the growth of the global money supply. In this scenario, an asset with a fixed supply and decentralized nature is increasingly establishing itself as an alternative store of value," explains Josh Gilbert, market analyst at eToro. #writetoearn