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BlackRock Denies Alleged Bitcoin Sale Reports

BlackRock Denies Alleged Bitcoin Sale Reports

Theccpress2025/06/01 06:56
By: in Bitcoin News
Key Points:
  • BlackRock disputes Bitcoin sale reports.
  • No official statements of BTC sale.
  • Holdings reportedly at 664,954.7 BTC.
BlackRock Denies Alleged Bitcoin Sale Reports

BlackRock, Inc. denies recent reports about selling 4,113 BTC, affirming its current holdings at 664,954.7 BTC based on its latest ETF filings .

BlackRock’s potential Bitcoin sale could impact market volatility, but official data confirms stability in holdings. Community attention remains on institutional Bitcoin participation.

BlackRock’s Position and Market Effects

BlackRock, led by CEO Larry Fink, is the world’s largest asset manager, known for its iShares Bitcoin Trust ETF . Reports suggest a possible sale of 4,113 BTC, but BlackRock refutes these claims. Available filings indicate holdings of 664,954.7 BTC.

Despite rumors, no official statements from BlackRock’s leadership have been released to confirm such transactions. The ETF filing data as of May 30, 2025, shows stability in BTC holdings.

The alleged sale reportedly drew attention from several sectors. However, there has been no major shift in Bitcoin spot prices or market liquidity. Institutional stability appears intact, as indicated by low 90-day volatility metrics:

Market implications from this incident remain speculative, as on-chain data and primary source confirmations show no major disruptions. Experts suggest heightened monitoring for official updates.

Data through May 30, 2025, indicate BlackRock’s IBIT has maintained or increased holdings, with the volatility around the product decreasing rather than spiking—contrary to what large sales typically trigger.

BlackRock has been transparent about its Bitcoin strategy, steering clear of speculative trends. If the claim proves false, BlackRock’s commitment to Bitcoin remains relatively unchanged. Ongoing institutional interest supports steady price trends over time, as seen in discussions about Bitcoin market trends .

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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