IBIT fund

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Bitcoin trades above $120,000, hitting record highs ahead of U.S. lawmakers’ ‘Crypto Week’
CNBC Television· 2025-07-14 15:23
Hey, good morning, Carl. Bitcoin surging past $123,000 for the first time ever, placing us firmly in price discovery mode. And this isn't just a retail driven rally.It's being powered by a rare mix of forces driving sustained institutional demand. Spot Bitcoin ETFs are seeing massive inflows again. $2.7% billion just last week with nearly half of that in a single day, which was the second biggest session on record.Black Rockck's IBIT fund now tops $83 billion in assets, making it one of the fastest growing ...