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Global crypto investment products added another $3.7 billion to a net inflow streak that has now reached 13 consecutive weeks.
Bhutan was previously seen moving around its bitcoin at times of market rally, possibly selling off the cryptocurrency for profit.
Bitcoin's rally is boosted by institutional inflows, legislative momentum in the U.S. and heightened macro liquidity, one analyst said.
Bitcoin has repeatedly hit new all-time highs over the past week and is currently trading at $120,754 at the time of writing.
Bitcoin broke above $120,000 late night Sunday, fueled by institutional demand and approaching crypto legislative discussions in the US.
The Czech National Bank disclosed in its quarterly report that it added 51,732 Coinbase Global shares in the second quarter of this year.
Ethereum rose 1.2% in the past 24 hours to $2,981, trading near its highest level since early February this year.
Circle's blockbuster IPO last month has brought crypto listings back into the spotlight, but the bigger question is what comes next.
Bailey also warned investors away from buying Bitcoin, characterizing it as a volatile, unbacked asset.
Prosecutors claimed a Tornado Cash developer asked about laundering $600 million, but he had merely forwarded a message from a reporter.