Bitcoin has reached another all-time high, surpassing $118,000 for the first time on Friday. The record arrives as a flood of money continues to move into spot bitcoin ETFs, all while U.S.

The SEC has acknowledged Truth Social’s dual Bitcoin and Ether filing, starting the countdown to approve or reject the proposed ETF.

Data from CoinMarketCap shows bitcoin peaked at $118,856 early Friday before dipping slightly below the $118,000 mark in the afternoon. Despite the minor decline, it remained near its record, up roughly $8,000 from a month ago and more than double its value from a year earlier.

The Trump family has moved deeper into crypto after filing for a Bitcoin and Ethereum ETF that could send this Bitcoin layer-2 soaring.

Trump Media, the parent company of Truth Social, has filed to launch a new crypto ETF backed by a handful of the most popular tokens.

Bitcoin is already up 25% on the year, and Standard Chartered expects even bigger returns during the next two quarters. Bitcoin is highly volatile, but it has performed well for long-term investors. Bitcoin (CRYPTO: BTC) has had a successful run during 2025.

The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.

Michael Saylor’s Strategy is using common shares again to help finance the crypto treasury firm’s purchases of Bitcoin following criticism of the practice by renowned short-seller Jim Chanos.

Investors are betting that a slew of long-sought policy wins for the industry, expected next week, could invite new investment in the asset class.