| Delaware                        | 26-2581977          |
|---------------------------------|---------------------|
| (State or other jurisdiction of | (I.R.S. Employer    |
| incorporation or organization)  | Identification No.) |

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| Large accelerated filer __                    | Accelerated filer __         |
|-----------------------------------------------|------------------------------|
|                                          |                         |
| Non-accelerated filer X                       | Smaller reporting company __ |
| (Do not check if a smaller reporting company) |                         |

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| 1.     | Financial Statements (found in Exhibit 13.01):                                                                                                                                                                                                       |   |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                                                                                                 |   |
|   | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                                                                                                              |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | FINANCIAL STATEMENTS:                                                                                                                                                                                                                                |   |
|   | Statements of Financial Condition as of December 31, 2010 and 2009                                                                                                                                                                              |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | Statements of Operations for the years ended December 31, 2010 and 2009 and for the period September 1, 2008 (commencement of operations) to December 31, 2008                                                                        |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | Statements of Changes in Member’s Capital for the years ended December 31, 2010 and 2009 and for the period September 1, 2008 (commencement of operations) to December 31, 2008                                                 |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | Financial Data Highlights for the years ended December 31, 2010 and 2009 and for the period September 1, 2008 (commencement of operations) to December 31, 2008                                                                       |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | Notes to Financial Statements                                                                                                                                                                                                                        |   |
|   |                                                                                                                                                                                                                                                 |   |
| 2.     | Financial Statement Schedules:                                                                                                                                                                                                                       |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | Financial statement schedules not included in this Form 10-K/A have been omitted for the reason that they are not required or are not applicable or that equivalent information has been included in the financial statements or notes thereto. |   |
|   |                                                                                                                                                                                                                                                 |   |
| 3.     | Exhibits:                                                                                                                                                                                                                                            |   |
|   |                                                                                                                                                                                                                                                 |   |
|   | The following exhibits are incorporated by reference or are filed herewith to this Report on Form 10-K/A:                                                                                                                                       |   |

| Designation    | Description                                                                                                                                                                                                                                                                          |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |                                                                                                                                                                                                                                                                                 |
| 3.01           | Certificate of Formation of ML BlueTrend FuturesAccess LLC.                                                                                                                                                                                                                          |
|           |                                                                                                                                                                                                                                                                                 |
| Exhibit 3.01:  | Is incorporated by reference from Exhibit 3.01 contained in the Registrant’s Registration Statement on Form 10 (File No. 000-53794) under the Securities Exchange Act of 1934, filed on September 29, 2009 (“Initial Registration Statement”). |
|           |                                                                                                                                                                                                                                                                                 |
| 3.02           | Amended and Restated  Limited Liability Company Operating Agreement of ML BlueTrend FuturesAccess LLC.                                                                                                                                                                     |
|           |                                                                                                                                                                                                                                                                                 |
| Exhibit 3.02   | Is incorporated by reference from Exhibit 3.02 contained in the Registrant’s Report on Form 10-K for the year-ended December 31, 2009, filed on March 31, 2010.                                                                                            |
|           |                                                                                                                                                                                                                                                                                 |
| 10.01          | Institutional Futures Client Account between ML BlueTrend FuturesAccess LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated.                                                                                                                                              |
|           |                                                                                                                                                                                                                                                                                 |
| Exhibit 10.01: | Is incorporated by reference from Exhibit 10.1 contained in the Initial Registration Statement.                                                                                                                                                                                 |

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| Designation | Description |
|-------------|-------------|

| 10.02                    | Amended and Restated Advisory Agreement among ML BlueTrend FuturesAccess LLC, Merrill Lynch Alternative Investments LLC, and BlueCrest Capital Management LLP.              |
|--------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                     |                                                                                                                                                                        |
| Exhibit 10.02:           | Is incorporated by reference from Exhibit 10.02 contained in the Registrant’s Report on Form 10-K for the year-ended December 31, 2010, filed on March 15, 2011. |
|                     |                                                                                                                                                                        |
| 13.01                    | 2010 Annual Report and Report of Independent Registered Public Accounting Firm.                                                                                             |
|                     |                                                                                                                                                                        |
| Exhibit 13.01:           | Is filed herewith.                                                                                                                                                          |
|                     |                                                                                                                                                                        |
| 13.01 and 31.02          | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                                                |
|                     |                                                                                                                                                                        |
| Exhibit 13.01 and 31.02: | Are filed herewith.                                                                                                                                                         |
|                     |                                                                                                                                                                        |
| 32.01 and 32.02          | Section 1350 Certifications                                                                                                                                                 |
|                     |                                                                                                                                                                        |
| Exhibit 32.01 and 32.02: | Are filed herewith.                                                                                                                                                         |
|                     |                                                                                                                                                                        |
| 31.01 and 31.02          | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                                                     |
|                     |                                                                                                                                                                        |
| Exhibit 31.01 and 31.02: | Are filed herewith.                                                                                                                                                         |
|                     |                                                                                                                                                                        |
| 32.01 and 32.02          | Section 1350 Certifications                                                                                                                                                 |
|                     |                                                                                                                                                                        |
| Exhibit 32.01 and 32.02: | Are filed herewith.                                                                                                                                                         |

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|   | ML BLUETREND FUTURESACCESS LLC |                                               |
|--------|--------------------------------|----------------------------------------------------|
|   |                           |                                               |   |
|   | By:                            | MERRILL LYNCH ALTERNATIVE INVESTMENTS LLC, Manager |   |
|   |                           |                                               |   |
|   | By:                            | /s/ Justin C. Ferri                                |   |
|   |                           | Justin C. Ferri                                    |   |
|   |                           | Chief Executive Officer, President and Manager     |   |
|   |                           | (Principal Executive Officer)                      |   |

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| Exhibit 13.01           | 2010 Annual Report and Report of Independent Registered Public Accounting Firm |
|-------------------------|--------------------------------------------------------------------------------|
|                    |                                                                           |
| Exhibit 31.01 and 31.02 | Rule 13a – 14(a) / 15d – 14(a) Certifications                      |
|                    |                                                                           |
| Exhibit 32.01 and 32.02 | Sections 1350 Certifications                                                   |

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