Bitcoin achieved a new all-time high of $118,000 in early July 2025, driven by substantial institutional inflows. Key players include BlackRock, which led ETF inflows.
Institutional Inflows and Record Price
The achievement of Bitcoin reaching a new ATH signifies increased market confidence, spurred by institutional inflows. Experts suggest that this could lead to greater participation across the cryptocurrency sector.
BlackRock's Role in ETF Growth
BlackRock has played a pivotal role in channeling institutional funds into Bitcoin through its products, securing $3.77 billion in ETF inflows, indicating strong demand for regulated crypto investment options. This buy-side pressure highlights a shift in institutional appetite toward Bitcoin.
Impact on the Cryptocurrency Market
The immediate effects on the cryptocurrency market have been pronounced. Retail investors are diversifying into altcoins, with increased participation beyond Bitcoin. This shift is reflected in a gradual rise in Total Value Locked in DeFi projects, though many altcoins remain below previous peaks. The success of ETFs in attracting significant capital suggests growing acceptance and mainstream adoption. However, the overall crypto market cap is still 12.4% below its historical peak.
Analysts point to a potential ripple effect from Bitcoin's new ATH, indicating that historical cycles show that altcoin rallies often follow. As more institutional entities engage, the likelihood of regulatory and technological advancements increases, paving the way for a more robust crypto infrastructure.
