Bitcoin Hits New All Time High As IBIT Breaks ETF Records

Just 19 days ago, Bitcoin was trading around $98,000. Today, it shattered expectations by hitting a new all time high of $118,820, underscoring the accelerating shift toward viewing Bitcoin as both a store of value and a strategic asset.

BlackRock’s iShares Bitcoin Trust (IBIT) broke its ETF records last night by surpassing $80 billion in assets under management, doing so in just 374 days. That’s nearly five times faster than the previous record held by the Vanguard S&P 500 ETF (VOO), which took 1,814 days to reach the same mark.

As of today, IBIT sits at $83 billion and holds over 706,000 BTC, making it the 21st largest ETF in the US market. Two days ago, IBIT also…

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