Spot Bitcoin exchange-traded funds (ETFs) have recorded their second-largest weekly inflows ever, attracting nearly $3.3 billion as institutional investors poured into the digital asset. This surge in demand pushed Bitcoin’s price to a new all-time high (ATH) of $125,690, underscoring growing confidence in the leading cryptocurrency amid what analysts are calling the ongoing “debasement trade.”
According to data shared by Bloomberg ETF analysts Eric Balchunas and James Seyffart, the strong inflows mark one of Bitcoin’s most significant institutional buying waves to date. The analysts noted that investors are increasingly viewing Bitcoin as a hedge against the weakening U.S. dollar and potential government shutdown, turning to it as a modern-day safe-haven asset.
Institutional Demand Drives Record Inflows
Last week’s $3.3 billion inflow ranks as the second-highest weekly total in Bitcoin ETF history, trailing only the record-breaking debut week earlier this year. Bloomberg’s Eric Balchunas described the rally as evidence that ETFs are driving sustainable growth for Bitcoin rather than speculative retail trading. He added that inflows into BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (ETHA) alone have surpassed $10 billion this month, ranking them among the top ETFs overall.
Nate Geraci of The ETF Institute called the figures “ridiculous numbers,” highlighting that total net inflows into Bitcoin ETFs have now exceeded $60 billion since their U.S. launch. This level of institutional participation suggests that Bitcoin is steadily maturing into a legitimate asset class recognized by professional money managers.
Bloomberg Analysts Turn More Bullish
Balchunas and Seyffart emphasized that Bitcoin’s latest price surge is not driven by retail euphoria or corporate treasury purchases, but by institutional ETF flows. This distinction, they argue, is key to understanding the market’s newfound stability. Seyffart noted that macro portfolio managers are rotating capital from commodities and small-cap equities into Bitcoin, treating it as a core hedge within diversified portfolios.
Balchunas added that Bitcoin’s investor base is becoming more stable, noting fewer “god candles” and more steady, structured growth. “The asset class is maturing into an alternative,” he said, suggesting Bitcoin could soon rival gold in its role as a long-term inflation hedge.
Bitcoin Hits Fresh All-Time High
At the time of writing, BTC trades around $123,952, up roughly 11% over the past week. In the last 24 hours, Bitcoin climbed from an intraday low of $122,459 to a new peak of $125,559, accompanied by a 65% surge in trading volume.
With ETF inflows showing no signs of slowing and analysts growing increasingly bullish, Bitcoin’s momentum appears firmly intact, fueling expectations that the world’s largest cryptocurrency may soon set its sights on even higher milestones.