BlackRock launches new fund to strengthen stablecoins!

BlackRock launches new fund to strengthen stablecoins!

On October 19, 2025 Daily Hodl reports that BlackRock has launched a new, regulatory-compliant fund to support demand for stablecoin reserves. The fund is called BlackRock Select Treasury Based Liquidity Fund (BSTBL) and was specifically designed to increase liquidity in the continually growing stablecoin market.

With this move, BlackRock, which has $10 trillion in assets under management, aims to implement clear regulatory guidelines for stablecoins set out in the GENIUS Act. Jon Steel, global head of product and platform for cash management at BlackRock, highlights that demand for innovative, compliant reserve management solutions continues to increase. The implementation of the BSTBL could therefore be seen as a response to the changing market landscape in which stablecoins are playing an increasingly central role.

Market development and Bitcoin investments

Last week, BlackRock also acquired $1 billion worth of Bitcoin, indicating growing institutional interest in digital assets. The Bitcoin price is currently at $106,612, down 1.8% in the last 24 hours. These developments demonstrate that BlackRock is actively seeking to position itself in a dynamic and rapidly evolving cryptocurrency and stablecoin market.

The launch of the BSTBL fund could also inspire other institutional investors to offer similar products to meet the evolving needs of the digital currency space. This could further boost the allocation of capital to stablecoins and other digital assets and stabilize the market as a whole.

With these initiatives, BlackRock consolidates its position as a leading player in the financial sector and opens up new opportunities for investors looking to enter the digital assets space. A clear focus on regulatory compliance could also increase trust in this asset class and encourage wider adoption.