TLDR
- Rumors claims BlackRock will sell $506M in Bitcoin and Ethereum.
- The rumored sale equals 6,400 BTC and 48,800 ETH at current prices.
- No official statement or SEC filing confirms the alleged sell-off.
- Bitcoin could test $55K and Ethereum $2.3K if a sale triggers volatility.
A new wave of tension has hit the crypto community after a post by popular analyst Crypto Rover claimed that BlackRock plans to sell $506 million worth of digital assets — including $384 million in Bitcoin (BTC) and $122 million in Ethereum (ETH). The unverified claim, made on October 31, 2025, has stirred heavy debate across X, with investors questioning whether the world’s largest asset manager is preparing for a market shift.
BlackRock’s Alleged Sale Sparks Market Debate
According to Crypto Rover, the proposed sell-off could include about 6,400 BTC and 48,800 ETH based on current prices. The move, if true, would represent one of the largest digital asset adjustments by an institutional player this quarter.
Traders and analysts reacted quickly on social media, with some viewing the rumor as a warning of short-term volatility. Others considered it a potential opportunity, expecting a rebound once panic selling fades. “This is the appropriate moment to stock up quietly,” one user wrote. Another expressed concern after losing over $50,000 in recent market swings.
So far, BlackRock has not issued any official confirmation. No blockchain records or SEC filings have verified the transactions, leaving the claim in speculation. Despite the uncertainty, market sentiment has turned cautious, with many watching Bitcoin and Ethereum’s next price levels closely.
BlackRock’s Role in the Crypto Market
BlackRock manages more than $10 trillion in assets and plays a major role in global finance. Its involvement in crypto deepened after launching the iShares Bitcoin Trust (IBIT) in January 2024 and the iShares Ethereum Trust (ETHA) in July 2024. Both ETFs opened new channels for traditional investors to gain exposure to digital assets.
The firm also partners with Coinbase for custody and trading operations within its ETF ecosystem. CEO Larry Fink has repeatedly referred to Bitcoin as “digital gold,” acknowledging blockchain’s role in reshaping modern finance. If the alleged $506 million sale occurs, it would likely represent portfolio rebalancing or profit-taking, especially after Bitcoin’s October rally near $66,000.
Traders React with Fear and Strategy
The rumor triggered sharp discussions among traders, with some predicting a wave of liquidations in leveraged positions. Institutional sales often cause short-term price corrections, particularly when large volumes move through exchanges quickly.
In August 2025, a similar reaction followed when institutional ETFs recorded $366 million in outflows, sending shockwaves across the market. Analysts suggest the rumored sale could mirror such movements if executed suddenly. Still, many believe the firm’s long-term stance on digital assets remains positive.
No Official Word from BlackRock
At the time of publication, no formal announcement has been made by BlackRock regarding any crypto sell-off. The firm’s ETF records and on-chain data do not confirm a shift in holdings. However, traders remain alert, as even speculation about institutional movement can trigger noticeable volatility.
Should such a sale occur, Bitcoin could test support near $55,000, while Ethereum might slide toward $2,300. Yet, many long-term investors view dips caused by institutional moves as entry opportunities.
As of now, the crypto community continues to monitor both the market and official channels for clarity. Until confirmed, the claim by Crypto Rover remains unverified, though its wide reach has already fueled one of the most discussed crypto rumors of the week.
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