Question 1

What would BlackRock USD Institutional Digital Liquidity Fund be worth at Ethena's market cap?

Accepted Answer

If BlackRock USD Institutional Digital Liquidity Fund had Ethena's market cap of $2.97B, one BUIDL would be worth about $1.35 (₹127.32). That is 1.35x its current price of $1.00.

Question 2

How is this calculated?

Accepted Answer

We divide Ethena's market cap by BlackRock USD Institutional Digital Liquidity Fund's circulating supply (2.20B BUIDL). It assumes the supply stays the same, so it's a comparison, not a price prediction.

Question 3

What would ₹10,000 of BUIDL be worth?

Accepted Answer

If BlackRock USD Institutional Digital Liquidity Fund reached Ethena's market cap, ₹10,000 of BUIDL bought today would be worth about ₹13,493.62.

Question 4

Can BlackRock USD Institutional Digital Liquidity Fund reach Ethena's market cap?

Accepted Answer

Nobody knows. BlackRock USD Institutional Digital Liquidity Fund would need its total value to grow 1.35x. Prices are volatile, and this page is for information only. It is not financial advice.

BlackRock USD Institutional Digital Liquidity Fund market cap	$2.20B
Ethena market cap	$2.97B
BUIDL circulating supply	2.20B
BUIDL price today	$1.00
BUIDL price at ENA's market cap	$1.35
₹10,000 of BUIDL today becomes	₹13,493.62

At the market cap of	BUIDL price	In INR	Change
Bitcoin$1.70T	$770.93	₹72,744.46	771x
Ethereum$306.79B	$139.22	₹13,136.86	139x
Tether$182.84B	$82.97	₹7,829.26	83.0x
BNB$98.59B	$44.74	₹4,221.73	44.7x
XRP$87.21B	$39.58	₹3,734.38	39.6x
USDC$72.11B	$32.72	₹3,087.77	32.7x
Solana$63.92B	$29.01	₹2,736.93	29.0x
TRON$31.64B	$14.36	₹1,354.67	14.4x
Figure Heloc$25.61B	$11.62	₹1,096.78	11.6x
Zcash$23.04B	$10.46	₹986.64	10.5x
Hyperliquid$18.09B	$8.21	₹774.43	8.21x
Dogecoin$13.01B	$5.91	₹557.29	5.91x

BlackRock USD Institutional Digital Liquidity Fund price if it reached Ethena's market cap BUIDL → ENA

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