BlackRock BUIDL Fund Surpasses $1.9 Billion Mark

According to BlockBeats, on-chain data reveals that the BlackRock BUIDL Fund has exceeded $1.9 billion, reaching $1,935,226,721. This marks a 203.63% increase over the past 30 days. The fund currently has 62 holders, targeting institutional investors with a minimum entry threshold of $5 million. The annual percentage yield (APY) is reported at 4.50%, with management fees ranging from 0.20% to 0.50%.