Bitcoin briefly traded at $111,800 on 3 June 2025**, its highest price to date, after U.S. spot Bitcoin exchange-traded funds (ETFs) soaked up roughly $2.5 billion in net inflows over the past five sessions. The burst of demand eclipsed the launch-week rush in January and coincided with the first anniversary of April 2024’s block-reward halving, which cut new-BTC issuance to 3.125 coins per block. (https://www.ainvest.com/news/bitcoin-etfs-attract-2-5-billion-inflows-price-hits-111-000-2505/?utm_source=chatgpt.com, m.economictimes.com)
Analysts say the fresh wave of ETF buying—led by BlackRock’s IBIT and Fidelity’s FBTC—arrived just as several mid-cap U.S. corporations disclosed modest treasury allocations to Bitcoin, echoing the playbook pioneered by Tesla and MicroStrategy. While the price slipped back toward $105 K later in the session, open interest on CME Bitcoin futures set a new peak, underscoring persistent institutional appetite even at record valuations. Market strategists warn, however, that any sharp reversal in ETF flows or macro conditions could trigger a rapid reset given the thinner post-halving supply. (https://www.barrons.com/articles/bitcoin-price-trump-media-crypto-etf-truth-social-346e9226?utm_source=chatgpt.com)