Bitcoin is experiencing a surge in value, breaking through the $105,500 barrier and reaching an all-time high as demand for Bitcoin ETFs continues to climb. On Monday’s trading session alone, investors poured over $1.1 billion into Bitcoin via ETFs, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the influx. This surge follows a record inflow of $667 million on the first trading day of the week, positioning IBIT as a frontrunner. Analysts attribute this positive trend to the expanding decentralized finance market and growing institutional interest in Bitcoin. The “golden cross” formation, an indicator predicting potential price rises, further intensifies optimism, with many institutions seeing Bitcoin as a safe haven against inflation.