BlackRock Set to Dump $506M in Bitcoin & Ethereum — Crypto Rover Drops the Bombshell!

The X went on fire when Crypto Rover announced that BlackRock is going to sell $384 million in Bitcoin (BTC) and $122 million in Ethereum (ETH). This was posted on October 31, 2025, at 13:26 UTC, and it surprised the crypto community. Retail investors, analysts and traders started arguing whether the largest asset manager in the world was announcing a market correction.

BlackRock in Crypto Ecosystem.

BlackRock funds and controls over 10 trillion and is a dominating force in finance worldwide. The company became the owner of digital assets with its Bitcoin ETF, iShares Bitcoin Trust (IBIT), in January of 2024, and its iShares Ethereum Trust (ETHA), in July of 2024. These ETFs provided exposure to Bitcoin and Ethereum to the traditional investors. Blackrock also collaborated with Coinbase in order to trade and store crypto as part of its wider investment portfolio. CEO of the firm Larry Fink has many times referred to Bitcoin as a digital gold and the potential of blockchain in the current day finance.

In the event that BlackRock does do it, it would include selling 6,400 BTC (approximately 60,000 USD each) and 48,800 ETH (approximately 2,500 USD each). Traders have estimated the overall sale to amount to approximately 506 million that can easily strain the prices when done through a rapid implementation. When a company of such as BlackRock transfers assets, the markets react immediately. This same situation occurred in August 2025 when institutional ETFs experienced outflows amounting to 366 million dollars.

Traders Panic and Panic with Strategy

The crypto traders responded promptly on social media. Others viewed the possible sale as a buy-the-dip strategy because they thought the prices would rebound once panic selling had ended. There was one fear of a chain of liquidations, particularly of leveraged positions. User Legend295 posted, This is the appropriate moment to stuff up without any noise. Conversely, one user (GeorgePapa68512) complained that he had lost money to the tune of 50,000 in the last series of fluctuations.

There are some possibilities of this alleged move, according to the analysts. BlackRock may be rebalancing ETFs following huge inflows at the beginning of the month or redeeming requests of institutional clients. The company may also be realizing its gains following the October surge of Bitcoin that saw it momentarily hit its highs of $66,000. The speculation notwithstanding, the long-term outlook of BlackRock towards crypto is positive. Its further investment in blockchain infrastructure and expansion of ETFs demonstrates its intent and not withdrawal.

Formal Approval Still in Waiting

In the event of this sell-off, volatility would be triggered throughout the key exchanges. Bitcoin can be around the support of $55,000 and Ethereum can fall to approximately $2,300. Nevertheless, institutional trends also capture a new clientele that considers dips as the portals.

The bigger picture is the organizational power. The moves made by BlackRock tend to influence the way other asset managers in the crypto exposure are doing. At the time of publication, BlackRock has not issued any public statement of the sale. These transactions have not yet been verified with no SEC filings or blockchain data. The statement is not proven yet, but the traders and analysts are very attentive to it till the official evidence is provided.