(Bloomberg) -- BlackRock Inc.’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than $240 million since its debut a week ago. Most Read from BloombergLondon Insurers Face Baltimore Bridge Payouts Worth BillionsBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleUsing Your Premium Credit Card May Cost
The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.
BlackRock CEO Larry Fink isn't worried about the U.S. Securities and Exchange classifying Ethereum's ether as a security.