Bitcoin has reached a record high of over $111,000 as institutional investors pour into US-based Exchange Traded Funds (ETFs), driving the price surge. This influx of capital is particularly significant with BlackRock leading the charge, highlighting its strong belief in the future of digital assets within institutional investment strategies. The rise in Bitcoin’s price also reflects a growing confidence from institutions and the potential for greater regulatory clarity to encourage more participation. 2025 has seen the U.S. Senate pass a significant act, the ‘Guiding and Establishing National Innovation for U.S. Stablecoins’ Act, which is expected to open up the market further for cryptocurrencies. This development is creating a ripple effect across the cryptocurrency market as Bitcoin’s dominance declines, prompting investors to consider capital rotation into other digital assets such as Ethereum. BlackRock’s growing influence and its impact on the U.S. market are indicative of the growing role of institutional investment in the digital asset space.