<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by DFIN XBRL Schema Document - http://www.dfinsolutions.com/ - on 25-06-2026 07:52:12 AM -->
<!-- Copyright(c) 2026 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<schema targetNamespace="http://www.blackrock.com/20260623" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:bf="http://www.blackrock.com/20260623" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:srt-types="http://fasb.org/srt-types/2025" xmlns:deprecated="http://www.xbrl.org/2009/role/deprecated" xmlns:dtr="http://www.xbrl.org/2009/dtr" xmlns:oef="http://xbrl.sec.gov/oef/2025" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns:oef-pre="http://xbrl.sec.gov/oef-pre/2025" xmlns:oef-lab="http://xbrl.sec.gov/oef-lab/2025" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:country="http://xbrl.sec.gov/country/2025" xmlns:us-roles="http://fasb.org/us-roles/2025" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:us-types="http://fasb.org/us-types/2025" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:oef-def="http://xbrl.sec.gov/oef-def/2025" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:srt="http://fasb.org/srt/2025" xmlns:oef-sr="http://xbrl.sec.gov/oef-sr/2025" xmlns:srt-roles="http://fasb.org/srt-roles/2025" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:stpr="http://xbrl.sec.gov/stpr/2025" elementFormDefault="qualified">
	<import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
	<import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
	<import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd"/>
	<import namespace="http://fasb.org/us-types/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd"/>
	<import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>   
	<import namespace="http://xbrl.sec.gov/country/2025" schemaLocation="https://xbrl.sec.gov/country/2025/country-2025.xsd"/>
	<import namespace="http://fasb.org/srt/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd"/>
	<import namespace="http://fasb.org/srt-types/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd"/>
	<import namespace="http://xbrl.sec.gov/oef-sr/2025" schemaLocation="https://xbrl.sec.gov/oef/2025/oef-sr-2025.xsd"/>
	<import namespace="http://fasb.org/us-gaap/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd"/>
	<import namespace="http://fasb.org/us-roles/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd"/>
	<import namespace="http://fasb.org/srt-roles/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-roles-2025.xsd"/>
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		<appinfo>
			<link:linkbase id="lnk">
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				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/ShareholderReport" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#ShareholderReport"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/ShareholderReportHoldingsDetails" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#ShareholderReportHoldingsDetails"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/ShareholderReportLineGraphDetails" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#ShareholderReportLineGraphDetails"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/ShareholderReportAverageAnnualReturnDetails" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#ShareholderReportAverageAnnualReturnDetails"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/ClassOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#ClassOnly"/>
				<link:roleRef roleURI="http://fasb.org/us-gaap/role/eedm/ExtensibleEnumerationLists" xlink:type="simple" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd#eedm"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/LargestHoldingOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#LargestHoldingOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/Other1CategoryOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#Other1CategoryOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/AdditionalIndexOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#AdditionalIndexOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/BroadBasedIndexOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#BroadBasedIndexOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/Other2CategoryOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#Other2CategoryOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/SalesLoadOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#SalesLoadOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/MaturityOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#MaturityOnly"/>
				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/IndustrySectorOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#IndustrySectorOnly"/>
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				<link:roleRef roleURI="http://xbrl.sec.gov/oef/role/GeographicRegionOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#GeographicRegionOnly"/>
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					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234047Member" order="2.0" />
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					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234050Member" order="5.0" />
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					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000253864Member" order="7.0" />
				</link:presentationLink>
				<link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/ShareholderReportHoldingsDetails">               
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					<link:loc xlink:type="locator" xlink:href="#bf_C000234047Member" xlink:label="C000234047Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234047Member" order="2.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234048Member" xlink:label="C000234048Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234048Member" order="3.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234049Member" xlink:label="C000234049Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234049Member" order="4.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234050Member" xlink:label="C000234050Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234050Member" order="5.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234051Member" xlink:label="C000234051Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234051Member" order="6.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000253864Member" xlink:label="C000253864Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000253864Member" order="7.0" />   
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="InvestmentTypeCategorizationMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_ForeignAgencyObligationsMember" xlink:label="ForeignAgencyObligationsMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="ForeignAgencyObligationsMember" order="2.0" />
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					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="MunicipalBondsMember" order="3.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="CorporateBondSecuritiesMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="CorporateBondSecuritiesMember" order="4.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_USGovernmentSponsoredAgencySecuritiesMember" xlink:label="USGovernmentSponsoredAgencySecuritiesMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="USGovernmentSponsoredAgencySecuritiesMember" order="5.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryObligationsMember" xlink:label="USTreasuryObligationsMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="USTreasuryObligationsMember" order="6.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_NonAgencyMortgageBackedSecuritiesMember" xlink:label="NonAgencyMortgageBackedSecuritiesMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="NonAgencyMortgageBackedSecuritiesMember" order="7.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="AssetBackedSecuritiesMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="AssetBackedSecuritiesMember" order="8.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommercialPaperMember" xlink:label="CommercialPaperMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="CommercialPaperMember" order="9.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CertificatesOfDepositMember" xlink:label="CertificatesOfDepositMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="InvestmentTypeCategorizationMember" xlink:to="CertificatesOfDepositMember" order="10.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="MoneyMarketFundsMember"/>
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					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LargestHoldingsDomain" xlink:to="BlackRockCashFundsTreasurySLAgencySharesMember" order="2.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills432071426Member" xlink:label="USTreasuryBills432071426Member"/>
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					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ExternalCreditRatingFitchMember" xlink:label="ExternalCreditRatingFitchMember"/>
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					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ExternalCreditRatingStandardPoorsMember" xlink:label="ExternalCreditRatingStandardPoorsMember"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CreditQualityDomain" xlink:to="ExternalCreditRatingStandardPoorsMember" xbrldt:usable="false" order="3.1"/>
					<!--CreditRatingAMBestDomain Only presentation and label linkbases-->	
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CreditRatingAMBestDomain" xlink:label="CreditRatingAMBestDomain"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CreditQualityDomain" xlink:to="CreditRatingAMBestDomain" xbrldt:usable="false" order="4.1"/>
				</link:presentationLink>
				<link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/ShareholderReportLineGraphDetails">            
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_ShareClassDomain" xlink:label="ShareClassDomain"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234047Member" xlink:label="C000234047Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234047Member" order="2.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234048Member" xlink:label="C000234048Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234048Member" order="3.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234049Member" xlink:label="C000234049Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234049Member" order="4.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234050Member" xlink:label="C000234050Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234050Member" order="5.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234051Member" xlink:label="C000234051Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234051Member" order="6.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000253864Member" xlink:label="C000253864Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000253864Member" order="7.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_AdditionalIndexDomain" xlink:label="AdditionalIndexDomain"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_BroadBasedIndexDomain" xlink:label="BroadBasedIndexDomain"/>
				</link:presentationLink>
				<link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/ShareholderReportAverageAnnualReturnDetails">            
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_ShareClassDomain" xlink:label="ShareClassDomain"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234047Member" xlink:label="C000234047Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234047Member" order="2.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234048Member" xlink:label="C000234048Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234048Member" order="3.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234049Member" xlink:label="C000234049Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234049Member" order="4.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234050Member" xlink:label="C000234050Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234050Member" order="5.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000234051Member" xlink:label="C000234051Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000234051Member" order="6.0" />
					<link:loc xlink:type="locator" xlink:href="#bf_C000253864Member" xlink:label="C000253864Member"/>
					<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareClassDomain" xlink:to="C000253864Member" order="7.0" />
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_AdditionalIndexDomain" xlink:label="AdditionalIndexDomain"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_BroadBasedIndexDomain" xlink:label="BroadBasedIndexDomain"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_WithSalesLoadMember" xlink:label="WithSalesLoadMember"/>
				</link:presentationLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/ClassOnly">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_ShareClassDomain" xlink:label="ShareClassDomain"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234047Member" xlink:label="C000234047Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000234047Member" order="1.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234048Member" xlink:label="C000234048Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000234048Member" order="2.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234049Member" xlink:label="C000234049Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000234049Member" order="3.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234050Member" xlink:label="C000234050Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000234050Member" order="4.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234051Member" xlink:label="C000234051Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000234051Member" order="5.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000253864Member" xlink:label="C000253864Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="ShareClassDomain" xlink:to="C000253864Member" order="6.0"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/Other1CategoryOnly">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_OtherCategory1Domain" xlink:label="OtherCategory1Domain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/Other2CategoryOnly">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_OtherCategory2Domain" xlink:label="OtherCategory2Domain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/LargestHoldingOnly">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_LargestHoldingsDomain" xlink:label="LargestHoldingsDomain"/>
					<link:loc xlink:type="locator" xlink:href="#bf_BlackRockCashFundsTreasurySLAgencySharesMember" xlink:label="BlackRockCashFundsTreasurySLAgencySharesMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="BlackRockCashFundsTreasurySLAgencySharesMember" order="1.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills432071426Member" xlink:label="USTreasuryBills432071426Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills432071426Member" order="2.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills440060226Member" xlink:label="USTreasuryBills440060226Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills440060226Member" order="3.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills400081426Member" xlink:label="USTreasuryBills400081426Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills400081426Member" order="4.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills379082426Member" xlink:label="USTreasuryBills379082426Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills379082426Member" order="5.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills403021927Member" xlink:label="USTreasuryBills403021927Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills403021927Member" order="6.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills398081026Member" xlink:label="USTreasuryBills398081026Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills398081026Member" order="7.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills405111326Member" xlink:label="USTreasuryBills405111326Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills405111326Member" order="8.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills375020527Member" xlink:label="USTreasuryBills375020527Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills375020527Member" order="9.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills390091426Member" xlink:label="USTreasuryBills390091426Member"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="LargestHoldingsDomain" xlink:to="USTreasuryBills390091426Member" order="10.0"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/SalesLoadOnly">
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_WithSalesLoadMember" xlink:label="WithSalesLoadMember"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://fasb.org/us-gaap/role/eedm/ExtensibleEnumerationLists">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="InvestmentTypeCategorizationMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_ForeignAgencyObligationsMember" xlink:label="ForeignAgencyObligationsMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="ForeignAgencyObligationsMember" order="1.0"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MunicipalBondsMember" xlink:label="MunicipalBondsMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="MunicipalBondsMember" order="2.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USGovernmentSponsoredAgencySecuritiesMember" xlink:label="USGovernmentSponsoredAgencySecuritiesMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="USGovernmentSponsoredAgencySecuritiesMember" order="3.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryObligationsMember" xlink:label="USTreasuryObligationsMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="USTreasuryObligationsMember" order="4.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_NonAgencyMortgageBackedSecuritiesMember" xlink:label="NonAgencyMortgageBackedSecuritiesMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="NonAgencyMortgageBackedSecuritiesMember" order="5.0"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommercialPaperMember" xlink:label="CommercialPaperMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="CommercialPaperMember" order="6.0"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="MoneyMarketFundsMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="MoneyMarketFundsMember" order="7.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_FuturesContractsNetCumulativeAppreciationMember" xlink:label="FuturesContractsNetCumulativeAppreciationMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="FuturesContractsNetCumulativeAppreciationMember" order="8.0"/>
					<link:loc xlink:type="locator" xlink:href="#bf_LiabilitiesInExcessOfOtherAssetsMember" xlink:label="LiabilitiesInExcessOfOtherAssetsMember"/>
					<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="InvestmentTypeCategorizationMember" xlink:to="LiabilitiesInExcessOfOtherAssetsMember" order="9.0"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/BroadBasedIndexOnly">               
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_BroadBasedIndexDomain" xlink:label="BroadBasedIndexDomain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/AdditionalIndexOnly">              
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_AdditionalIndexDomain" xlink:label="AdditionalIndexDomain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/MaturityOnly">
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_MaturityDomain" xlink:label="MaturityDomain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/IndustrySectorOnly">
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_IndustrySectorDomain" xlink:label="IndustrySectorDomain"/>
				</link:definitionLink>
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/CreditQualityOnly">
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_CreditQualityDomain" xlink:label="CreditQualityDomain"/>
				</link:definitionLink>
				<!--GeographicRegionOnly use only for STPR-->
				<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/GeographicRegionOnly">
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2025/oef-2025.xsd#oef_GeographicRegionDomain" xlink:label="GeographicRegionDomain"/>
				</link:definitionLink>
				<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">               
					<link:loc xlink:type="locator" xlink:href="#bf_ForeignAgencyObligationsMember" xlink:label="ForeignAgencyObligationsMember"/>
					<link:label xlink:type="resource" xlink:label="label_ForeignAgencyObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign Agency Obligations [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignAgencyObligationsMember" xlink:to="label_ForeignAgencyObligationsMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234047Member" xlink:label="C000234047Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000234047Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000234047 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234047Member" xlink:to="label_C000234047Member"/>
										<link:label xlink:type="resource" xlink:label="label_C000234047Member_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Single Class</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234047Member" xlink:to="label_C000234047Member_2"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MunicipalBondsMember" xlink:label="MunicipalBondsMember"/>
					<link:label xlink:type="resource" xlink:label="label_MunicipalBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Municipal Bonds [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MunicipalBondsMember" xlink:to="label_MunicipalBondsMember"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="CorporateBondSecuritiesMember"/>
					<link:label xlink:type="resource" xlink:label="label_CorporateBondSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Corporate Bond Securities [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondSecuritiesMember" xlink:to="label_CorporateBondSecuritiesMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234048Member" xlink:label="C000234048Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000234048Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000234048 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234048Member" xlink:to="label_C000234048Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USGovernmentSponsoredAgencySecuritiesMember" xlink:label="USGovernmentSponsoredAgencySecuritiesMember"/>
					<link:label xlink:type="resource" xlink:label="label_USGovernmentSponsoredAgencySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Government Sponsored Agency Securities [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USGovernmentSponsoredAgencySecuritiesMember" xlink:to="label_USGovernmentSponsoredAgencySecuritiesMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryObligationsMember" xlink:label="USTreasuryObligationsMember"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Obligations [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryObligationsMember" xlink:to="label_USTreasuryObligationsMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234049Member" xlink:label="C000234049Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000234049Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000234049 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234049Member" xlink:to="label_C000234049Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234050Member" xlink:label="C000234050Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000234050Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000234050 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234050Member" xlink:to="label_C000234050Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_NonAgencyMortgageBackedSecuritiesMember" xlink:label="NonAgencyMortgageBackedSecuritiesMember"/>
					<link:label xlink:type="resource" xlink:label="label_NonAgencyMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Non Agency Mortgage Backed Securities [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonAgencyMortgageBackedSecuritiesMember" xlink:to="label_NonAgencyMortgageBackedSecuritiesMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000234051Member" xlink:label="C000234051Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000234051Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000234051 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000234051Member" xlink:to="label_C000234051Member"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="AssetBackedSecuritiesMember"/>
					<link:label xlink:type="resource" xlink:label="label_AssetBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Asset-Backed Securities [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetBackedSecuritiesMember" xlink:to="label_AssetBackedSecuritiesMember"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommercialPaperMember" xlink:label="CommercialPaperMember"/>
					<link:label xlink:type="resource" xlink:label="label_CommercialPaperMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Commercial Paper [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialPaperMember" xlink:to="label_CommercialPaperMember"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CertificatesOfDepositMember" xlink:label="CertificatesOfDepositMember"/>
					<link:label xlink:type="resource" xlink:label="label_CertificatesOfDepositMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Certificates of Deposit [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositMember" xlink:to="label_CertificatesOfDepositMember"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="MoneyMarketFundsMember"/>
					<link:label xlink:type="resource" xlink:label="label_MoneyMarketFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Money Market Funds [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MoneyMarketFundsMember" xlink:to="label_MoneyMarketFundsMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_C000253864Member" xlink:label="C000253864Member"/>
					<link:label xlink:type="resource" xlink:label="label_C000253864Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000253864 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000253864Member" xlink:to="label_C000253864Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_BlackRockCashFundsTreasurySLAgencySharesMember" xlink:label="BlackRockCashFundsTreasurySLAgencySharesMember"/>
					<link:label xlink:type="resource" xlink:label="label_BlackRockCashFundsTreasurySLAgencySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">BlackRock Cash Funds Treasury SL Agency Shares [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BlackRockCashFundsTreasurySLAgencySharesMember" xlink:to="label_BlackRockCashFundsTreasurySLAgencySharesMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills432071426Member" xlink:label="USTreasuryBills432071426Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills432071426Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 4 32 07 14 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills432071426Member" xlink:to="label_USTreasuryBills432071426Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills440060226Member" xlink:label="USTreasuryBills440060226Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills440060226Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 4 40 06 02 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills440060226Member" xlink:to="label_USTreasuryBills440060226Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills400081426Member" xlink:label="USTreasuryBills400081426Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills400081426Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 4 00 08 14 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills400081426Member" xlink:to="label_USTreasuryBills400081426Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills379082426Member" xlink:label="USTreasuryBills379082426Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills379082426Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 3 79 08 24 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills379082426Member" xlink:to="label_USTreasuryBills379082426Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills403021927Member" xlink:label="USTreasuryBills403021927Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills403021927Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 4 03 02 19 27 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills403021927Member" xlink:to="label_USTreasuryBills403021927Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills398081026Member" xlink:label="USTreasuryBills398081026Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills398081026Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 3 98 08 10 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills398081026Member" xlink:to="label_USTreasuryBills398081026Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills405111326Member" xlink:label="USTreasuryBills405111326Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills405111326Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 4 05 11 13 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills405111326Member" xlink:to="label_USTreasuryBills405111326Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills375020527Member" xlink:label="USTreasuryBills375020527Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills375020527Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 3 75 02 05 27 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills375020527Member" xlink:to="label_USTreasuryBills375020527Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_USTreasuryBills390091426Member" xlink:label="USTreasuryBills390091426Member"/>
					<link:label xlink:type="resource" xlink:label="label_USTreasuryBills390091426Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">U S Treasury Bills 3 90 09 14 26 [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryBills390091426Member" xlink:to="label_USTreasuryBills390091426Member"/>
					<link:loc xlink:type="locator" xlink:href="#bf_FuturesContractsNetCumulativeAppreciationMember" xlink:label="FuturesContractsNetCumulativeAppreciationMember"/>
					<link:label xlink:type="resource" xlink:label="label_FuturesContractsNetCumulativeAppreciationMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Futures contracts net cumulative appreciation [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuturesContractsNetCumulativeAppreciationMember" xlink:to="label_FuturesContractsNetCumulativeAppreciationMember"/>
					<link:loc xlink:type="locator" xlink:href="#bf_LiabilitiesInExcessOfOtherAssetsMember" xlink:label="LiabilitiesInExcessOfOtherAssetsMember"/>
					<link:label xlink:type="resource" xlink:label="label_LiabilitiesInExcessOfOtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liabilities in Excess of Other Assets [Member]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesInExcessOfOtherAssetsMember" xlink:to="label_LiabilitiesInExcessOfOtherAssetsMember"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentTypeAxis" xlink:label="InvestmentTypeAxis"/>
					<link:label xlink:type="resource" xlink:label="label_InvestmentTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Investment Type [Axis]</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentTypeAxis" xlink:to="label_InvestmentTypeAxis" priority="1"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="AssetsNet"/>
					<link:label xlink:type="resource" xlink:label="label_AssetsNet" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Net Assets</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsNet" xlink:to="label_AssetsNet" priority="1"/>
					<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyPortfolioTurnover" xlink:label="InvestmentCompanyPortfolioTurnover"/>
					<link:label xlink:type="resource" xlink:label="label_InvestmentCompanyPortfolioTurnover" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Investment Company Portfolio Turnover</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentCompanyPortfolioTurnover" xlink:to="label_InvestmentCompanyPortfolioTurnover" priority="1"/>                
					<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag"/>
					<link:label xlink:type="resource" xlink:label="label_NoTradingSymbolFlag" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">No Trading Symbol Flag</link:label>
					<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="label_NoTradingSymbolFlag" priority="1"/>		
				</link:labelLink>
			</link:linkbase>
		</appinfo>
	</annotation>   
	<element name="ForeignAgencyObligationsMember" id="bf_ForeignAgencyObligationsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000234047Member" id="bf_C000234047Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000234048Member" id="bf_C000234048Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USGovernmentSponsoredAgencySecuritiesMember" id="bf_USGovernmentSponsoredAgencySecuritiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryObligationsMember" id="bf_USTreasuryObligationsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000234049Member" id="bf_C000234049Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000234050Member" id="bf_C000234050Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="NonAgencyMortgageBackedSecuritiesMember" id="bf_NonAgencyMortgageBackedSecuritiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000234051Member" id="bf_C000234051Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="C000253864Member" id="bf_C000253864Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="BlackRockCashFundsTreasurySLAgencySharesMember" id="bf_BlackRockCashFundsTreasurySLAgencySharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills432071426Member" id="bf_USTreasuryBills432071426Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills440060226Member" id="bf_USTreasuryBills440060226Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills400081426Member" id="bf_USTreasuryBills400081426Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills379082426Member" id="bf_USTreasuryBills379082426Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills403021927Member" id="bf_USTreasuryBills403021927Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills398081026Member" id="bf_USTreasuryBills398081026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills405111326Member" id="bf_USTreasuryBills405111326Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills375020527Member" id="bf_USTreasuryBills375020527Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="USTreasuryBills390091426Member" id="bf_USTreasuryBills390091426Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="FuturesContractsNetCumulativeAppreciationMember" id="bf_FuturesContractsNetCumulativeAppreciationMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<element name="LiabilitiesInExcessOfOtherAssetsMember" id="bf_LiabilitiesInExcessOfOtherAssetsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
</schema>
