1. New historical record close to $119,000 Yesterday, Bitcoin reached a new level, hitting around $118,790, before stabilizing around $118,162. This movement occurred amid strong capital inflow into Bitcoin ETFs, especially from BlackRock IBIT, which captured $448 million just yesterday.
2. Driven by ETFs and institutional adoption
Spot ETFs are on the rise: there was $1.18 billion in net inflows in a single day.