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.

Bitcoin topped the $118,000 level for the first time, surpassing Thursday’s record as it continued to gain from its increasing adoption by companies as a reserve asset and lawmakers passing pro-crypto legislation.

Bitcoin broke through $120,000 for the first time on Monday, reaching a new all-time high before settling just below $122,000, according to a recent report by Reuters. The big jump comes as US politicians get ready to vote on new laws that could make life easier for cryptocurrency companies.