Bitcoin reached a new high of $81,500, marking its strongest level since January, as the cryptocurrency market experiences a surge driven by tokenization and strong demand for spot Bitcoin ETFs. The largest cryptocurrency rose 2% in the past 24 hours, with a 35% increase from early February lows. Over $500 million flowed into spot BTC funds, led by BlackRock and Fidelity, reflecting significant interest from large investors. The tokenization trend is gaining momentum, with Bullish announcing a $4.2 billion acquisition of Equiniti, enhancing its position in capital markets infrastructure. Galaxy Digital also saw gains, rising 3.6% after launching a tokenized cash-management fund with State Street. Centrifuge's native token CFG jumped 15% following a partnership with Coinbase to integrate ETFs and structured products onto blockchain, highlighting growing institutional interest. Despite the rally, some crypto stocks like Circle and Coinbase saw declines, indicating sector rotation.