Bitcoin News Today: Bitcoin Near $122K As Money Supply ETFs and Retirement Inflows Gain Momentum

Bitcoin is on the cusp of a potential price breakthrough above $122,000 in 2025, driven by three critical catalysts: record global money supply expansion, the growing adoption of spot Bitcoin ETFs, and the potential resurgence of retail inflows. These factors are shaping expectations among traders and analysts, who believe they could significantly influence Bitcoin’s trajectory in the coming months [1].

One of the most compelling drivers is the unprecedented growth in global monetary supply. In July 2025, the M2 global money supply across the 21 largest central banks hit a record $55.5 trillion. With governments continuing to expand fiscal spending—such as the U.S. federal budget deficit reaching $1.3 trillion in just nine months—fiat currencies are facing increased scrutiny. Bitcoin’s deflationary model and limited supply of 21 million units make it a compelling alternative for investors seeking to hedge against inflation and preserve purchasing power [1].

The rise of spot Bitcoin ETFs is another key development. These products are rapidly gaining traction, with the U.S. spot Bitcoin ETF industry holding $150 billion in assets as of July 2025. For comparison, gold-related financial instruments held $198 billion during the same period. As spot Bitcoin ETFs continue to grow, some analysts predict they could surpass gold in market value. This shift would reinforce Bitcoin’s status as a reserve asset rather than just a speculative investment, potentially opening the door to greater adoption by institutional investors, public companies, and sovereign wealth funds [1].

Retail investor interest remains a variable factor. Despite Bitcoin’s 116% gain over the past year, it has yet to see a significant surge in retail inflows. Applications like Coinbase and Robinhood remain outside the top 10 in the U.S. finance category on the App Store, a position last achieved in November 2024. However, the potential for a retail-driven rally in 2025 remains strong, particularly as Bitcoin becomes more accessible through mainstream financial products and government-backed retirement plans [1].

In a significant regulatory development, U.S. President Donald Trump signed an executive order allowing Bitcoin and other alternative assets in 401(k) retirement accounts. According to 0G Labs CEO Michael Heinrich, this change could unlock trillions in retirement capital for Bitcoin. Bitwise CIO Matt Hougan added that the move could be transformative for the industry, as it signals growing institutional legitimacy and broader acceptance among everyday investors [1].

While the path to $122,000 appears increasingly viable, risks remain. Global economic uncertainty and the sustainability of the AI sector are key concerns for traders. Some analysts caution that Bitcoin’s strong correlation with tech stocks may persist, limiting its ability to fully decouple from traditional market cycles [1].

Bitcoin currently trades near $120,000, and if the three catalysts—monetary expansion, ETF adoption, and retail inflows—maintain their momentum, a new all-time high could become a reality in the near term.

Source: [1] Cointelegraph (https://cointelegraph.com/news/three-catalysts-that-will-help-bitcoin-break-122k-in)