Bitcoin surged past $95,000 on Monday, marking a new all-time high as institutional demand through spot ETFs reached unprecedented levels. The total weekly inflow of $2.1 billion eclipses the previous record of $1.7 billion set in March.
ETF Flow Breakdown
| ETF | Weekly Inflow | AUM |
|---|---|---|
| BlackRock IBIT | $890M | $42.3B |
| Fidelity FBTC | $520M | $18.7B |
| ARK ARKB | $310M | $5.2B |
| Others | $380M | $12.1B |
Why Now?
- Halving effect: Supply reduction from April 2024 halving now fully priced into flow dynamics
- Macro hedge: Persistent inflation making Bitcoin attractive as digital gold
- Corporate adoption: Three more S&P 500 companies added BTC to treasury in Q2
Key Levels
Immediate resistance at the psychological $100,000 level. Support established at $88,000 (previous breakout zone) and $82,000 (50-day MA).
"The path to $100K is now a question of when, not if. The supply-demand imbalance created by ETF flows and the halving is structural." — Crypto analyst
Altcoin Impact
Ethereum followed with a 6.2% gain to $4,200. SOL broke above $200 for the first time. The total crypto market cap has surpassed $3.5 trillion.
Traders should watch the $100K level closely — a break above it could trigger a parabolic move as short positions liquidate.