BlackRock’s innovative IBIT Bitcoin ETF has witnessed remarkable growth, surpassing a significant milestone and achieving record-breaking levels within a short timeframe. The fund recently expanded its Bitcoin holdings by an additional 3,005 BTC, bringing its total to a staggering 662,571 BTC. This substantial acquisition has propelled the total value of IBIT to approximately $3.36 billion USD, signifying a remarkable increase from just 341 days ago. 63 USD is the current record-high for the fund’s unit price, further highlighting its impressive performance. The rapid growth of the IBIT ETF indicates not only its success compared to traditional investment vehicles but also the growing demand for Bitcoin-based investments among institutional investors. This success underscores the increasing adoption of cryptocurrency tools within the traditional financial system.