According to @B20X on Twitter, BlackRock has added $2 billion in Ethereum (ETH) to their BUIDL fund over the past six weeks, significantly increasing institutional exposure to ETH. This large-scale purchase highlights growing confidence among major asset managers in Ethereum's long-term value and may signal increased liquidity and stability for ETH trading pairs. For traders, this move by BlackRock could drive positive sentiment and potentially attract further institutional investment, impacting Ethereum price action and market depth. Source: @B20X on Twitter.

According to Crypto Rover, BlackRock's BUIDL Fund distributed a total of $25M in dividends, with $22.8M directed towards Ethereum, highlighting Ethereum's status as a preferred choice among institutional investors.

According to IntoTheBlock, BlackRock's BUIDL fund, a leading example of integrating Decentralized Finance (DeFi) with Traditional Finance (TradFi) through Real World Assets (RWAs), is gaining more holders. This trend indicates a growing demand for innovative financial structures that combine the benefits of both DeFi and TradFi. The increasing number of holders suggests that investors are recognizing the potential and security offered by RWAs in the cryptocurrency market.

According to Milk Road, BlackRock has significantly increased its holdings in Ethereum (ETH) through its BUIDL fund, which now totals $1.145 billion, up from $990 million the previous week. This move indicates a continued bullish sentiment from BlackRock towards Ethereum as a core asset in their portfolio.