BlackRock's iShares Bitcoin ETF, trading under the ticker symbol 'IBIT', has witnessed an unprecedented daily inflow of $788 million, marking a significant milestone in the crypto trading world. This surge coincides with Bitcoin reaching a new all-time high, demonstrating the growing investor confidence in cryptocurrency as a viable asset class. The entry of BlackRock, the world's largest asset manager, into the Bitcoin space has evidently catalyzed another bull market, overshadowing previous market leaders.