# Bitcoin Punches Through $109K to New All-Time High

*Author: Bankless*
*Published: May 21, 2025*
*Source: https://www.bankless.com/read/bitcoin-punches-through-109k-to-new-all-time-high*

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Bitcoin broke a new all-time high of $109.4K on the back of strong ETF inflows and treasury acquisitions, signaling surging institutional interest.

## **What’s the Scoop?**
- **Bitcoin Surges Past $109K**: Bitcoin reached a record-breaking price of $109,400 in U.S. morning trade, setting a new high on the day after continuing its bullish momentum.
- **Spot Bitcoin ETFs Fuel Demand**: Net inflows of $3.6 billion into spot Bitcoin ETFs in May indicate heightened investor interest, driving the price upwards.
- **Treasury Companies Add to Buying Spree**: Major Bitcoin-focused treasury firms such as MicroStrategy and Twenty One Capital continue to acquire BTC, further boosting the price.
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