Bitcoin (BTC) Price Shot to a Fresh All-Time High on May 21, 2025, as BlackRock IBIT Scooped up Nearly 5,000 BTC

Bitcoin price shot to a fresh all-time high late on May 21, 2025, with BlackRock IBIT scooping up nearly 5,000 BTC in one day.

Bitcoin price shot to a fresh all-time high late on May 21, 2025, with Blackrock IBIT scooping up nearly 5,000 BTC in one day. TradingView data shows BTC price hit $111,600 on Coinbase, breaking above its previous peak.

The rally came amid a sharp U.S. market sell-off (a weak Treasury auction on May 21 sent yields spiking and stocks tumbling), suggesting Bitcoin’s advance was driven by its momentum and institutional demand.

Indeed, analysts note that this new high reflects “a mature interest in digital assets” supported by institutional-grade infrastructure and clarity.

BlackRock ETF Sees Record Inflows

BlackRock’s spot Bitcoin fund, the iShares Bitcoin Trust (IBIT), drew unprecedented investor interest on May 21. According to Farside Investors data, IBIT took in $530.6 million that day – its largest single-day net inflow since the $531.2M intake on May 5.

This net investment equated to roughly 4,931 BTC. To put that in perspective, Bitcoin miners produced only about 450 BTC over the same 24‑hour period, so IBIT bought more than ten times the daily issuance.

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