贝莱德BUIDL基金大获全胜，在代币化资产市场超越富兰克林邓普顿

贝莱德的 BUIDL 代币化资产基金已超越富兰克林邓普顿的 BENJI，成为同类中最大的基金，在 Ondo Finance 的 OUSG 代币增长的推动下，存款额达到 3.75 亿美元。与此同时，富兰克林邓普顿的基金出现资金外流，导致市场份额发生变化。国债等现实世界资产的代币化已经获得了关注，美国国债成为代币化工作的门户，提供了更快的支付和更高的效率等好处。

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

贝莱德的 BUIDL 代币化资产基金飙升至新高度，超越富兰克林邓普顿

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.

事态发生了引人注目的转变，贝莱德的 BUIDL 基金登上了代币化资产基金的顶峰，超越了富兰克林邓普顿的 BENJI 产品，而后者的管理资产却出现了下降。 BUIDL 受欢迎程度的飙升很大程度上归因于 Ondo Finance 的 OUSG 代币的惊人增长，Ondo Finance 是代币化国债产品的领先提供商。

BlackRock BUIDL: Dominating the Tokenized Asset Landscape

BlackRock BUIDL：主导代币化资产格局

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.

贝莱德的 BUIDL 美元机构数字流动性基金于六周前推出，已迅速占据近 30% 的重要市场份额。仅上周就有 7000 万美元的资金流入推动了这一显着增长，使该基金的代币化资产总额达到目前的 3.75 亿美元。 BUIDL 的成功证明了人们对代币化资产日益增长的兴趣，与传统金融工具相比，代币化资产具有众多优势。

Ondo Finance's OUSG Token Drives BUIDL's Growth

Ondo Finance 的 OUSG 代币推动 BUIDL 的增长

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 占据主导地位的一个关键因素是它与 Ondo Finance 的 OUSG 代币的关联。 OUSG 作为贝莱德代币的储备资产，在一周内流入了令人印象深刻的 5000 万美元。对 OUSG 的需求激增有助于推动 BUIDL 跻身代币化资产基金排名榜首。

Benefits of Tokenization: Speed, Transparency, and Efficiency

代币化的好处：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.

现实世界资产（RWA）的代币化近年来获得了巨大的关注，吸引了数字资产公司和传统金融巨头的兴趣。代币化具有许多优势，包括更快的支付、24/7 可用性、提高的运营效率和增加的透明度。美国国债已成为代币化计划的首选，为投资者提供了一种熟悉且低风险的工具，将其流动性存放在链上。

Growth of Tokenized Treasuries: BlackRock's Impact

代币化国债的增长：贝莱德的影响

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.

代币化国债市场经历了指数级增长，从 2023 年初的约 1 亿美元扩大到如今的近 13 亿美元。贝莱德进入该行业是这一增长的主要催化剂，表明机构投资者对代币化资产的接受度不断提高。

Negative Outflows for Bitcoin Spot ETFs: A Market Correction

比特币现货 ETF 的负流出：市场调整

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.

与代币化资产领域的积极势头相反，美国比特币交易所交易基金（ETF）现货市场连续几天出现负流出。在过去的四个交易日中，比特币现货 ETF 已损失约 5200 万美元。

Outflows from Major Asset Managers

主要资产管理公司的资金流出

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.

几家主要资产管理公司促成了这些资金外流。 Ark Invest 的比特币现货 ETF 出现了最严重的负流，损失了 3130 万美元。富达 (Fidelity) 和灰度投资 (Grayscale Investment) 也分别报告资金流出 490 万美元和 2,470 万美元。

BlackRock Remains Neutral

贝莱德保持中立

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.

全球最大的资产管理公司之一贝莱德连续四天保持中性流量，没有资金流入或流出的记录。这种态势导致美国比特币现货 ETF 市场总体处于亏损状态。

Cryptocurrency Investment Market Trends

加密货币投资市场趋势

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 最近关于全球加密货币投资市场的报告强调，交易量从前一周的 180 亿美元下降至 118 亿美元。该报告表明，这一下降与比特币市值下降 6% 之间存在相关性，导致机构更加谨慎。

Conclusion

结论

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.

贝莱德的 BUIDL 基金利用人们对代币化日益增长的兴趣，成为代币化资产领域的强大参与者。该基金与 Ondo Finance 的 OUSG 代币的关联是其成功的主要推动力。代币化国债的整体市场持续扩大，贝莱德发挥着关键作用。

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，比特币现货ETF现货市场却遭遇逆风，连续多日出现负流出。方舟投资、富达投资、灰度投资等主要资产管理公司均出现大量资金外流。贝莱德的中立立场导致了整体市场的下跌。

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.

这些事态发展突显了数字资产投资格局的不断变化，代币化资产越来越受欢迎，而传统的比特币现货 ETF 在市场波动中面临挑战。