BlackRock’s BUIDL Ethereum Fund draws $245 million in a week

The Ethereum-based BUIDL fund from investing giant BlackRock has raised $245 million in Ethereum tokens since its launch last week.

According to data from Etherscan, 10 transactions have entered the BlackRock USD Institutional Digital Liquidity Fund, beginning with $5 million on March 20 when the BUIDL fund launched.