Bitcoin Soars Past $125,000 Fueled by Massive ETF Inflow

Bitcoin surged past the $125,000 mark over the weekend, reaching a new all-time high. This impressive rise is largely attributed to massive inflows into spot Bitcoin exchange-traded funds (ETFs). These ETFs saw nearly $3.24 billion in inflows last week alone—nearly matching their record-breaking figure from November 2024. While corporate investors like Metaplanet added a significant amount of Bitcoin with a purchase worth around $1.2 billion, it was the influx into ETFs that seems to be driving the market.