Social media chatter suggests BlackRock may be dumping Bitcoin and buying XRP, potentially preparing for a spot ETF filing. However, fact-checking reveals no verified proof of this strategy. Recent on-chain activity by BlackRock’s iShares Bitcoin Trust shows significant Bitcoin outflows, sparking speculation about a potential shift to XRP. Blockchain trackers have revealed several large transactions linked to the trust, with billions of dollars in Bitcoin being withdrawn. These movements were characterized by repetitive transfers worth hundreds of millions of dollars over a limited timeframe. This prompted many observers to speculate about BlackRock repositioning its assets, potentially moving toward XRP investments before a potential spot ETF filing. While some social media posts claim this signifies an asset shift from Bitcoin to XRP, there’s no official confirmation from BlackRock regarding such a transaction. These claims come primarily from social media speculation and lack verifiable evidence. While the timing of the transactions supports theories of a transition to XRP, these outflows alone do not provide concrete proof that BlackRock is buying XRP. The potential move towards XRP would be influenced by several factors, including institutional interest in the token ahead of a spot ETF filing. However, without official confirmation from BlackRock or verifiable evidence of an XRP purchase, the claims remain unconfirmed.