Crypto firm Bitcoin Standard Treasury Company said on Thursday it is aiming to list on the Nasdaq, with over 30,000 bitcoin on its balance sheet, through a merger with a Cantor Fitzgerald-backed blank check vehicle.

“Crypto Week,” as it was dubbed by GOP leadership, culminated in a bipartisan 308-122 House vote approving the GENIUS Act, a bill setting standards for stablecoins, which passed the Senate in June and which President Donald Trump is expected to sign into law Friday.

Bitcoin has slowed following a profit-taking dip, but investor conviction is rising as U.S. lawmakers advance new crypto legislation.

While the second- and third-largest cryptocurrencies have outpaced their larger rival in the past seven and 30 days, it's worth noting BTC has climbed more than 40% in the past three months and hit a new record high.

The price of bitcoin BTCUSD jumped as high as 3% on Monday to $123,165.67 — a new record for the cryptocurrency. Bitcoin subsequently cooled slightly but was still trading at north of $120,000, at last check.

Bitcoin has hit a new all-time high, surpassing $123,000 on Monday. This marks a sharp rise from $108,000 just a week ago.

Bitcoin hit another record on Monday, marking another milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins.

As the U.S. government mulls over the future of crypto regulation during its self-proclaimed “crypto week,” investors are also looking toward a potentially bright future for cryptocurrencies — through their portfolios.

Charles Schwab plans to launch Bitcoin, Ethereum trading, calling it a meaningful growth driver for the $10.7 trillion company.