BlackRock’s BUIDL Fund Soars to $1B AUM, Gaining 56% in 30 Days – Nate Geraci Reacts to the Surge!

BlackRock’s BUIDL fund, known as the USD Institutional Digital Liquidity Fund, has reached a significant milestone. It now holds over $1 billion in AUM after growing 56% in 30 days, boosted partly by a $200 million injection from Ethena Labs. It currently dominates the tokenized U.S. Treasury fund arena.

Ethereum leads BUIDL’s network allocations with over $825 million in assets. At the same time, BlackRock broadened the fund’s availability, integrating Avalanche, Polygon, Aptos, Optimism, and Arbitrum. BlackRock’s pivotal role in expanding the tokenized Treasury market to over $4.4 billion sparks discussion about their next move, particularly regarding potential crypto ETF filings for Solana and XRP, as predicted by Nate Geraci.

Institutional Demand Drives BUIDL’s Growth

BlackRock’s activity in tokenized assets is significantly accelerating the institutional integration of blockchain-based financial products. Launched in March 2024, the BUIDL fund, established jointly with Securitize, provides qualified investors on-chain exposure to U.S. Treasury yields. This strategy enables institutions to access higher-yielding blockchain assets within current regulatory confines.

BlackRock BUIDL fund’s growth is connected to its use in supporting yield-bearing stablecoins. Notably, Ethena Labs’ USDtb relies substantially on BUIDL, allocating over 90% of its reserves there. Firms like Ondo Finance also utilize BUIDL for their tokenized money market offerings. With the increasing adoption rate for BUIDL, BlackRock’s influence in the on-chain U.S. Treasury sector is becoming well-established, simultaneously driving broader demand for tokenized real-world assets.

BlackRock’s Crypto Expansion and ETF Dominance

BlackRock’s involvement goes beyond BUIDL as it deepens its reach in crypto investing. Its existing dominance in assets under management for Bitcoin and Ethereum exchange-traded funds (ETFs) signals a strong foothold in the changing digital asset landscape. Experts believe this growth will lead other conventional financial players towards both tokenization and blockchain-based investment instruments.

The increase in institutional certainty regarding tokenized assets is related to the industry’s greater shift, aiming to integrate blockchain tech with traditional financial offerings. BlackRock’s standing is positioned to impact digital finance as large asset managers explore investment in tokenized assets to improve both liquidity and efficiency.

Nate Geraci’s Reaction: BlackRock Will File for Solana and XRP ETFs

Attention is shifting to BlackRock’s potential future crypto ETF filings, prompting speculation among industry analysts. Reacting to the BlackRock BUIDL fund’s growth, Nate Geraci, President of the ETF Store, predicted that BlackRock may soon seek approval for Solana (SOL) and XRP ETFs. In a post on X, he suggests a SOL ETF application could appear “any day now,” while an XRP ETF is likely once the ongoing SEC lawsuit concludes.

I’m ready to log formal prediction…

BlackRock will file for *both* solana & xrp ETFs.

Solana could be any day. Think xrp once SEC lawsuit concluded.

— Nate Geraci (@NateGeraci) March 14, 2025

Geraci’s forecast gains significance when considered in the context of BlackRock’s aggressive entrance into the crypto ETF sector. In his analysis, BlackRock will proactively challenge the competitive landscape across prominent digital assets like SOL and XRP to secure its influence and overall portfolio offerings, especially because it is the leader in Bitcoin and Ethereum ETFs. Moreover, Geraci expects an eventual introduction of broadly diversified cryptocurrency index ETFs as a sign of its commitment to ongoing digital asset development.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>BlackRock is currently the leader by assets in both bitcoin &amp; ether ETFs…<br><br>I simply don’t see them allowing competitors to come in &amp; launch ETFs on 2 of the top 5 non-stablecoin crypto assets w/out any sort of fight.<br><br>I also believe BlackRock will file for crypto index ETFs btw.</p>&mdash; Nate Geraci (@NateGeraci) <a href=”https://twitter.com/NateGeraci/status/1900346734410154143?ref_src=twsrc%5Etfw”>March 14, 2025</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

The Future of BlackRock’s Crypto Strategy

BlackRock’s increasing activity with tokenized assets and prominent role in crypto ETFs have put the company under heightened scrutiny. If projections about its continued growth prove correct, BlackRock could strengthen its position as the top provider of crypto investment options for institutional investors.

The surged investment in tokenized assets and the possibility of new crypto ETFs appearing indicate a broader movement: Traditional finance is incorporating blockchain more quickly. With BlackRock driving these innovations, its actions will probably play a crucial part in shaping the evolution of investment in digital assets. BlackRock BUIDL fund’s growth offers one example of how capital from large organizations is entering markets that tokenize assets.