BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow
BlackRock’s tokenized U.S. Treasury fund, BUIDL, recorded approximately $447 million in net outflows over the past 30 days, marking its steepest monthly drawdown since launch, according to data fro...
Source: CryptoSlate
BlackRock’s tokenized U.S. Treasury fund, BUIDL, recorded approximately $447 million in net outflows over the past 30 days, marking its steepest monthly drawdown since launch, according to data from RWA.xyz. The redemptions, concentrated in the Ethereum-based BUIDL-I share class, coincide with outflows from other major Treasury-backed products, including Superstate’s USTB and Circle’s USYC, which saw […]
