Bitcoin Reaches New All-Time High
Bitcoin recently surged to a record high, nearing $112,000, fueled by strong institutional interest, favorable regulatory developments in the U.S., and consistent inflows into Bitcoin ETFs. In May alone, Bitcoin ETFs experienced outflows on only two days, with total inflows exceeding $43.38 billion. Notably, public companies now hold approximately 15% of Bitcoin’s total supply, collectively valued at over $349 billion.