- BlackRock‘s IBIT Bitcoin ETF bought over $1.3 billion in Bitcoin on July 10 and 11, 2025.
- Bitcoin reached a new all-time high of $122,838 on July 14, 2025.
- Consistent inflows into crypto ETFs have supported Bitcoin’s recent price surge.
- Other cryptocurrencies, such as Ethereum, have not yet hit new all-time highs and remain below previous records.
- A pro-crypto administration and regulatory changes in the U.S. have helped boost market sentiment.
BlackRock purchased more than $1.3 billion worth of Bitcoin for its IBIT ETF on July 10 and 11, 2025, according to data from Farside. During this period, Bitcoin’s price continued to climb, hitting a new all-time high.
Bitcoin rose to $122,838 on July 14, 2025. The latest price jump came amid large institutional purchases and steady inflows into ETF investment vehicles, especially from major global financial firms like BlackRock.
As reported, Bitcoin’s rise has led to a wider rally in the digital asset market. However, other major cryptocurrencies have not kept the same pace. Ethereum surpassed the $3,000 level but is still down over 37% from its all-time high of $4,878.26.
The U.S. has seen several pro-crypto developments in recent months. A new administration and a Securities and Exchange Commission (SEC) leader who supports digital assets have contributed to positive market sentiment.
Historically, Bitcoin often corrects after a year from its last halving, which could mean a potential price pullback later in 2025. Another factor, according to the article, is that retail investors have not re-entered the market in large numbers. The Federal Reserve has maintained its interest rates, and some analysts believe any future rate cut could further drive demand for cryptocurrencies.
Other digital assets and altcoins have not seen new price peaks during this period. For ongoing market updates and live BTC price tracking, refer to Farside.
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