BlackRock's BUIDL Fund Reaches $1.47 Billion AUM, Holds $1.145 Billion in Ethereum, Adds $800 Million in Two Weeks

BlackRock's tokenized fund, BUIDL, has reached $1.47 billion in assets under management (AUM) on the Ethereum blockchain, reflecting strong institutional interest in on-chain finance. The fund has added approximately $800 million in just two weeks, indicating a significant migration of institutional capital into digital assets. Total tokenized real-world assets (RWAs) have surpassed $10 billion in total value locked (TVL), marking a notable increase from $716 million in March 2024. This growth positions RWAs as the seventh largest category in decentralized finance (DeFi). BlackRock's BUIDL fund now holds approximately $1.145 billion worth of Ethereum (ETH), with recent reports highlighting its aggressive accumulation of ETH during recent price fluctuations. The fund's performance is seen as a key driver in the broader trend of institutional adoption of digital finance.

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