#TrendTradingStrategy #BTCBreaksATH Concurrently with Bitcoin reaching its all-time high, BlackRock's iShares Bitcoin Trust closed today at its all-time high of $63.58. The IBIT fund now owns over 700,000 Bitcoins, which is approximately 3.33% of the total Bitcoin supply. According to Bloomberg, the IBIT fund generates higher annual fee revenue than BlackRock's S&P 500 ETF (IVV). Despite being launched only 18 months ago, this $75 billion fund generates an estimated annual revenue of $187.2 million, surpassing the IVV fund's revenue of $187.1 million. In 2021, El Salvador became the first country to invest in Bitcoin and now holds over 6,232 Bitcoins in its treasury. After Bitcoin reached its all-time high today, El Salvador's Bitcoin reserves amounted to $400 million in unrealized gains after years of steady accumulation. On November 16, 2022, El Salvador's President Nayib Bukele announced that the country would start purchasing one Bitcoin daily, "until Bitcoin becomes expensive in fiat currencies".