Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

BLKC

Market cap $7.89M

Bitcoin has raced to another all-time high. As of midday October 6, the largest cryptocurrency by market value held above $125,700.

Bitcoin, crypto prices rebound as President Trump eases on latest China tariff threat. Cryptos saw $19 billion liquidated amid selloff.

Bitcoin (BTC 2.31%) recently hit a new all-time high above $125,000, so it's perhaps no surprise that a growing number of crypto investors now think that Bitcoin could eventually hit a price of $1 million. For example, Coinbase Global CEO Brian Armstrong recently predicted that Bitcoin could hit the million-dollar mark within just a few years.

President Donald Trump's tariff threats sparked a brutal crypto selloff last week.

Bernstein says bitcoin miners have a key competitive advantage for the AI boom. The firm named Iren a top pick, miners surge.

It's still early in Q4 2025. So investors have time to position for the final three months of the year with ETFs.

As 2025 has progressed, bitcoin has continued to prove to be an asset worth keeping a close eye on.  After all, the asset class continues to keep passing new highs with relative ease.

Cryptocurrencies have benefited from the notion of the “debasement trade,” where assets like Bitcoin and gold gain value as fiat currencies weaken.

The U.K.'s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. "The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income," the firm said.

The world's largest cryptocurrency is now up just about 1% over the past seven days.