<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001007280-25-000014</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001007280</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>6</amendmentNo>
      <securitiesClassTitle>ISHARES BB RATED CORP BOND</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>10/28/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001006249</issuerCik>
        <issuerName>BlackRock Fund Advisors</issuerName>
        <issuerCusips>
          <issuerCusipNumber>46435U473</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>400 HOWARD STREET</com:street1>
          <com:street2>400 HOWARD STREET</com:street2>
          <com:city>SAN FRANCISCO</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>94105</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO</reportingPersonName>
      <citizenshipOrOrganization>OH</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2548011.00</soleVotingPower>
        <soleDispositivePower>2548011.00</soleDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2548011.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>28.2</classPercent>
      <typeOfReportingPerson>EP</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>BlackRock Fund Advisors</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>400 HOWARD STREET, 400 HOWARD STREET, SAN FRANCISCO, CALIFORNIA, 94105.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Public Employees Retirement System of Ohio</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>277 East Town Street
Columbus, OH 43215
</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Ohio, USA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>EP</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>2,548,011
</amountBeneficiallyOwned>
        <classPercent>28.15%
</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>2,548,011
</solePowerOrDirectToVote>
          <solePowerOrDirectToDispose>2,548,011
</solePowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO</reportingPersonName>
      <signatureDetails>
        <signature>Jennifer Starr</signature>
        <title>Chief Financial Officer</title>
        <date>06/03/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
