貝萊德BUIDL基金大獲全勝，在代幣化資產市場超越富蘭克林鄧普頓

貝萊德的 BUIDL 代幣化資產基金已超越富蘭克林鄧普頓的 BENJI，成為同類中最大的基金，在 Ondo Finance 的 OUSG 代幣增長的推動下，存款額達到 3.75 億美元。同時，富蘭克林鄧普頓的基金出現資金外流，導致市佔率改變。國債等現實世界資產的代幣化已經獲得了關注，美國國債成為代幣化工作的門戶，提供了更快的支付和更高的效率等好處。

BlackRock's BUIDL Tokenized Asset Fund Soars to New Heights, Surpassing Franklin Templeton

貝萊德的 BUIDL 代幣化資產基金飆升至新高度，超越富蘭克林鄧普頓

In a remarkable turn of events, BlackRock's BUIDL fund has ascended to the pinnacle of tokenized asset funds, eclipsing Franklin Templeton's BENJI offering, which has experienced a decline in assets under management. The surge in BUIDL's popularity has been largely attributed to the impressive growth of the OUSG token from Ondo Finance, a leading provider of tokenized Treasury offerings.

事態發生了引人注目的轉變，貝萊德的 BUIDL 基金登上了代幣化資產基金的頂峰，超越了富蘭克林鄧普頓的 BENJI 產品，而後者的管理資產卻出現了下降。 BUIDL 受歡迎程度的飆升很大程度上歸因於 Ondo Finance 的 OUSG 代幣的驚人增長，Ondo Finance 是代幣化國債產品的領先提供者。

BlackRock BUIDL: Dominating the Tokenized Asset Landscape

BlackRock BUIDL：主導代幣化資產格局

Launched just six weeks ago, BlackRock's BUIDL USD Institutional Digital Liquidity Fund has rapidly captured a significant market share of nearly 30%. This remarkable growth has been fueled by $70 million in inflows last week alone, propelling the fund to its current total of $375 million in tokenized assets. BUIDL's success is a testament to the growing interest in tokenized assets, which offer a multitude of advantages over traditional financial instruments.

貝萊德的 BUIDL 美元機構數位流動性基金於六週前推出，已迅速佔據近 30% 的重要市場份額。光是上週就有 7,000 萬美元的資金流入推動了這一顯著成長，使該基金的代幣化資產總額達到目前的 3.75 億美元。 BUIDL 的成功證明了人們對代幣化資產日益增長的興趣，與傳統金融工具相比，代幣化資產具有眾多優勢。

Ondo Finance's OUSG Token Drives BUIDL's Growth

Ondo Finance 的 OUSG 代幣推動 BUIDL 的成長

A key factor contributing to BUIDL's dominance is its association with Ondo Finance's OUSG token. OUSG, which serves as a reserve asset for BlackRock's token, has witnessed an impressive $50 million inflow within a single week. This surge in demand for OUSG has been instrumental in driving BUIDL's ascent to the top of the tokenized asset fund rankings.

BUIDL 佔據主導地位的關鍵因素是它與 Ondo Finance 的 OUSG 代幣的關聯。 OUSG 作為貝萊德代幣的儲備資產，在一周內流入了令人印象深刻的 5000 萬美元。對 OUSG 的需求激增有助於推動 BUIDL 躋身代幣化資產基金排名榜首。

Benefits of Tokenization: Speed, Transparency, and Efficiency

代幣化的好處：速度、透明度和效率

The tokenization of real-world assets (RWAs) has gained significant traction in recent times, attracting interest from both digital asset companies and traditional finance giants. Tokenization offers a myriad of advantages, including faster payments, 24/7 availability, enhanced operational efficiency, and increased transparency. US Treasuries have become a preferred choice for tokenization initiatives, providing investors with a familiar and low-risk vehicle for parking their liquidity on-chain.

現實世界資產（RWA）的代幣化近年來獲得了巨大的關注，吸引了數位資產公司和傳統金融巨頭的興趣。代幣化具有許多優勢，包括更快的支付、24/7 可用性、提高的營運效率和增加的透明度。美國國債已成為代幣化計劃的首選，為投資者提供了一種熟悉且低風險的工具，將其流動性存放在鏈上。

Growth of Tokenized Treasuries: BlackRock's Impact

代幣化國債的成長：貝萊德的影響

The market for tokenized Treasuries has experienced exponential growth, expanding from approximately $100 million at the beginning of 2023 to nearly $1.3 billion today. BlackRock's entry into the sector has been a major catalyst for this growth, demonstrating the increasing acceptance of tokenized assets by institutional investors.

代幣化國債市場經歷了指數級增長，從 2023 年初的約 1 億美元擴大到如今的近 13 億美元。貝萊德進入該行業是這一增長的主要催化劑，顯示機構投資者對代幣化資產的接受度不斷提高。

Negative Outflows for Bitcoin Spot ETFs: A Market Correction

比特幣現貨 ETF 的負流出：市場調整

In contrast to the positive momentum in the tokenized asset space, the spot market of Bitcoin Exchange Traded Funds (ETFs) in the United States has been experiencing consecutive days of negative outflows. Over the past four trading sessions, Bitcoin spot ETFs have shed approximately $52 million.

與代幣化資產領域的正面勢頭相反，美國比特幣交易所交易基金（ETF）現貨市場連續幾天出現負流出。在過去的四個交易日中，比特幣現貨 ETF 已損失約 5,200 萬美元。

Outflows from Major Asset Managers

主要資產管理公司的資金流出

Several key asset managers have contributed to these outflows. Ark Invest's Bitcoin spot ETF has witnessed the most significant negative flow, losing $31.3 million. Fidelity and Grayscale Investment have also reported outflows of $4.9 million and $24.7 million, respectively.

幾家主要資產管理公司促成了這些資金外流。 Ark Invest 的比特幣現貨 ETF 出現了最嚴重的負流，損失了 3,130 萬美元。富達 (Fidelity) 和灰階投資 (Grayscale Investment) 也分別報告資金流出 490 萬美元和 2,470 萬美元。

BlackRock Remains Neutral

貝萊德保持中立

BlackRock, one of the world's largest asset managers, has maintained a neutral flow for four consecutive days, with no inflows or outflows recorded. This posture has helped keep the overall US Bitcoin spot ETF market in the red.

全球最大的資產管理公司之一貝萊德連續四天保持中性流量，沒有資金流入或流出的記錄。這種態勢導緻美國比特幣現貨 ETF 市場整體處於虧損狀態。

Cryptocurrency Investment Market Trends

加密貨幣投資市場趨勢

CoinShares' recent report on the global cryptocurrency investment market highlights a decline in trading volume to $11.8 billion, down from $18 billion the previous week. The report suggests a correlation between this decline and a 6% decrease in the market value of Bitcoin, leading institutions to exercise greater caution.

CoinShares 最近關於全球加密貨幣投資市場的報告強調，交易量從前一周的 180 億美元下降至 118 億美元。該報告表明，這一下降與比特幣市值下降 6% 之間存在相關性，導致機構更加謹慎。

Conclusion

結論

BlackRock's BUIDL fund has emerged as a formidable player in the tokenized asset space, capitalizing on the growing interest in tokenization. The fund's association with Ondo Finance's OUSG token has been a major driver of its success. The overall market for tokenized Treasuries continues to expand, with BlackRock playing a pivotal role.

貝萊德的 BUIDL 基金利用人們對代幣化日益增長的興趣，成為代幣化資產領域的強大參與者。該基金與 Ondo Finance 的 OUSG 代幣的關聯性是其成功的主要推動力。代幣化國債的整體市場持續擴大，貝萊德扮演關鍵角色。

Conversely, the spot market of Bitcoin spot ETFs has faced headwinds, with consecutive days of negative outflows. Major asset managers such as Ark Invest, Fidelity, and Grayscale Investment have experienced significant outflows. BlackRock's neutral stance has contributed to the overall market decline.

相反，比特幣現貨ETF現貨市場卻遭遇逆風，連續多日出現負流出。方舟投資、富達投資、灰階投資等主要資產管理公司均出現大量資金外流。貝萊德的中立立場導致了整體市場的下跌。

These developments underscore the evolving landscape of digital asset investments, where tokenized assets are gaining traction, while traditional Bitcoin spot ETFs face challenges amid market volatility.

這些事態發展突顯了數位資產投資格局的不斷變化，代幣化資產越來越受歡迎，而傳統的比特幣現貨 ETF 在市場波動中面臨挑戰。