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

Source: The Defiant