As of now, no reputable financial news outlet or official filing confirms that BlackRock recently acquired $46.9 million worth of Bitcoin. This claim appears to be circulating as speculation, but it lacks concrete proof from credible sources like SEC filings, major exchanges, or BlackRock announcements.
đ What to Watch For
Institutional inflows: When a firm like BlackRock does make purchases, this usually shows up clearly in ETF inflow reports or public filings if using regulated vehicles.On-chain data: Whale activity can sometimes be traced via blockchain tracking large wallet movements tied to institutional entities may surface there.News announcements: BlackRock tends to issue formal statements when making major crypto moves via their ETF venture (e.g., IBIT).
đ§ Why the Rumor Persists
Trader sentiment often leans bullish following dips, leading to hopeful headlines like âwhales are buying the dip.â If Bitcoin recently dipped below $103K and buyers swooped in, markets may infer institutional buying momentum, even without clear evidence.
đ Bottom Line
Unverified rumor: Thereâs no solid evidence yet that BlackRock executed a $46.9 million Bitcoin purchase.But still interesting: If true, it would be a bullish sign for $BTC adding institutional confidence.⢠Stay alert: Watch for ETF flow data, SEC filings, or official announcements. Check on-chain wallet data for large transfers.