- BlackRock Bitcoin transfers spark speculation of XRP accumulation rumors.
- Social media claims link Bitcoin outflows to possible XRP strategy.
- Fact check confirms no verified proof of BlackRock XRP purchases.
Recent on-chain activity has triggered speculation about a significant strategic move by BlackRock involving Bitcoin and XRP. According to blockchain trackers, several large transactions linked to the iShares Bitcoin Trust showed outflows of hundreds of millions of dollars in Bitcoin. The crypto community paid close attention to these transfers and soon enough, the topic was highly debated.
Repetitive transitions of 300 BTC characterized the movements at a time, though a few transactions of slightly less value were also reported. Every transfer was tens of millions of dollars, and they took place over a limited period of time. The size of these outflows prompted a number of people to opine that BlackRock could be repositioning its assets.
Also Read: Top Analyst Ali Martinez Outlines Bullish Path For XRP
Social Media Claims of XRP Accumulation
According to Shibo (@GodsBurnt) on X, the Bitcoin transfers signaled that BlackRock was dumping its holdings and moving into XRP. In his post, he claimed the asset manager was shifting away from Bitcoin while actively accumulating XRP.
🚨BREAKING: BLACKROCK IS DUMPING BITCOIN AND BUYING $XRP 🇺🇸 pic.twitter.com/gs5GaKfkpQ
— Shibo (@GodsBurnt) September 1, 2025
Similar claims were also posted by another X user, Amelie (@_Crypto_Barbie). She implied that BlackRock was in the process of selling hundreds of millions of Bitcoin and was setting itself up to develop exposure to XRP before a possible spot ETF filing could happen.
In addition, the story spread among XRP supporters, who have long awaited greater institutional support of the token. The implication that the largest asset manager in the world was possibly positioning itself ahead of an ETF filing heightened excitement in the community. The question of whether this was a milestone moment in the adoption of XRP was soon discussed online.
Separating Speculation from Verified Facts
Despite the speculation, there is currently no official confirmation from BlackRock about any sale of Bitcoin to purchase XRP. The monitored transfers only indicate the transfer of Bitcoin out of publicly known fund addresses without showing evidence of new asset distributions. There are no open filings or company announcements that suggest that accumulation of XRP is being undertaken.
Multiple reasons can cause large-scale Bitcoin operations, such as internal fund management, a change of custodian, or rebalancing. However, the timing of the transactions supported theories of a transition to XRP, but no evidence can be verified directly relating the outflows to the direct buying of the token.
Verdict
The claim that BlackRock dumped Bitcoin to buy XRP ahead of a spot ETF filing remains unverified. At present, the rumor comes only from social media speculation, and no official confirmation supports the suggestion.
Also Read: Here’s Why XRP Dropped to 4th Position in Market Ranking Today
