BlackRock's USD Institutional Digital Liquidity Fund Exceeds $375 Million in Assets Under Management

Tuesday, 30 April 2024, 17:03

The BlackRock's USD Institutional Digital Liquidity (BUIDL) fund has achieved a milestone by reaching $375 million in assets under management, surpassing Franklin Templeton's FOBXX on-chain mutual fund by almost $7 million. This signifies a significant growth and investor confidence in digital liquidity funds.
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BlackRock's USD Institutional Digital Liquidity Fund Exceeds $375 Million in Assets Under Management

BlackRock's USD Institutional Digital Liquidity Fund Hits $375M AUM

BlackRock's BUIDL has reached $375 million assets under management, surpassing Franklin Templeton's FOBXX on-chain mutual fund by almost $7 million.

This demonstrates the increasing popularity and success of digital liquidity funds in the financial market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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