CoinInsight360.com logo CoinInsight360.com logo
The Defiant 2025-04-15 19:05:15

BlackRock's BUIDL Fund Exceeds $2.3B; Holds $48B in BTC, $1.9B in ETH, Acquires 438 BTC Worth $36.7M

BlackRock has reported a substantial increase in its cryptocurrency investments, with its BUIDL fund now valued at over $2.3 billion. The firm holds approximately $48 billion in Bitcoin (BTC) and $1.9 billion in Ethereum (ETH). Notably, BlackRock's BUIDL assets under management (AUM) on the Ethereum blockchain have surged by 364.65% year-to-date, despite the ETH price declining by 52.36% in the same period. On April 14, 2025, BlackRock's spot Bitcoin ETF acquired 438 BTC, valued at around $36.7 million, indicating a strong institutional interest in Bitcoin. This acquisition follows a recent purchase of 432 BTC, further expanding BlackRock's cryptocurrency portfolio. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.