May 14, 2024
Funds

BlackRock’s digital fund attracts $245m from 7 investors in a week – Ledger Insights

A week ago BlackRock unveiled its BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a money market fund that aims to offer a stable $1 value. One week on, BUIDL has attracted $245 million in assets from seven investors. Ondo Finance, which previously tokenized BlackRock ETF funds, has shifted $95 million into the BUIDL fund and makes up

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Funds

CDs, High Yield Savings, Money Market Funds & Cash: When To Use Them

I was recently speaking with a young woman who has a goal to purchase a home in 15 years. She received advice from her friends to place savings for that goal into a high-yield savings account. She’s not the only young person I’ve seen to consider ultra conservative investments for long-term goals. In the past

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