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.

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