Coinspeaker
Oct 7, 2025
2 0

Bitcoin Reaches New ATH as Spot ETFs Log Second-Highest Daily Inflow

Bitcoin Hits New Highs

  • Bitcoin reached an all-time high of $126,198 on October 6, before settling around $124,000.
  • The rise is attributed to record inflows into US spot exchange-traded funds (ETFs) and market optimism.

Significant ETF Inflows

  • Bitcoin ETFs recorded the second-highest daily inflow since launch, with $1.19 billion on October 6.
  • BlackRock’s iShares Bitcoin Trust (IBIT) led with $967 million in inflows, nearing $100 billion in assets under management.
  • This rapid growth outpaces the historical expansion rate of any ETF over the past 30 years.

US Strategic Bitcoin Reserve

  • Senator Cynthia Lummis indicated impending funding for the US Strategic Bitcoin Reserve.
  • The reserve aims to utilize Bitcoin held by the US Treasury, including assets from enforcement actions.
  • Additional acquisitions will occur through budget-neutral strategies without extra taxpayer costs.
  • The framework was established by President Donald Trump's executive order earlier this year, but details remain unclear.