Rumor: BlackRock Is Buying XRP via Coinbase Custody

A wave of speculation has swept across the XRP community following a viral video from Crypto X AiMan, who argued that recent on-chain movements may signal that BlackRock is quietly buying XRP via Coinbase ￰0￱ the data shows significant shifts in Coinbase’s XRP holdings, the conclusion that BlackRock is behind the purchases remains unconfirmed. On-Chain Evidence of XRP Movement According to data highlighted in AiMan’s post, Coinbase’s visible XRP reserves plunged from about 780 million tokens to less than 200 million between June and August 2025 — a reduction of roughly 69%. XRPScan, a widely used blockchain explorer, confirms the sharp ￰1￱ emphasized that, despite appearances, this was not a mass ￰2￱ noted that Coinbase reduced the number of wallets holding XRP from 52 to around 10–16, each with nearly identical balances of 16.5 million ￰3￱ uniform distribution strongly suggests technical reallocation or custody restructuring rather than open-market selling.

BREAKING: @BlackRock is BUYING $XRP via @Coinbase custody!!! This changes EVERYTHING for XRP holders… #XRP #Crypto #BlackRock #Coinbase #Bitcoin ￰4￱ — Crypto X AiMan (@CryptoXAiMan) September 7, 2025 Why BlackRock’s Name Is in the Conversation The rumors connecting BlackRock to these transfers stem from Coinbase’s institutional ￰5￱ provides custody infrastructure for large clients through Coinbase Prime, integrated with BlackRock’s Aladdin ￰6￱ setup allows BlackRock and other institutional investors to gain exposure to digital assets, potentially including XRP, without those holdings being visible on public ￰7￱ analysts argue that the drop in Coinbase’s exchange wallets may simply indicate assets being moved into segregated custody accounts for institutional ￰8￱ Is Confirmed What can be verified today is clear: Coinbase’s XRP holdings have declined sharply on-chain, and its wallet structure has been ￰9￱ is equally verifiable that Coinbase and BlackRock maintain an active custody ￰10￱ cannot be confirmed is whether BlackRock itself is buying ￰11￱ the asset manager nor Coinbase has issued disclosures tying BlackRock directly to XRP purchases, and no regulatory filings provide supporting evidence.

Fact-checks by independent sources stress that while institutional reallocation is likely, attributing it specifically to BlackRock remains ￰12￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications for XRP Holders The shift in visible XRP balances has stirred confusion, with some investors fearing a massive ￰13￱ X AiMan pushed back on this interpretation, saying, “It’s not a ￰14￱ is definitely not selling ￰15￱ are not getting rid of ￰16￱ should not sell your XRP.” Instead, he pointed to evidence that the assets are being repositioned in custody solutions, possibly linked to institutional ￰17￱ true, this could mean reduced selling pressure on open markets and growing confidence in XRP’s long-term role within the institutional finance ￰18￱ hard facts are that Coinbase’s XRP reserves declined significantly this summer, and its custodial infrastructure serves major institutions, including ￰19￱ leap to claim that BlackRock is actively buying XRP remains ￰20￱ now, XRP holders are left balancing between verifiable blockchain data and speculation about one of the world’s largest asset ￰21￱ there is formal disclosure, the rumor that BlackRock is buying XRP via Coinbase custody should be treated cautiously — intriguing, but not yet ￰22￱ : This content is meant to inform and should not be considered financial ￰23￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰24￱ are urged to do in-depth research before making any investment ￰25￱ action taken by the reader is strictly at their own ￰26￱ Tabloid is not responsible for any financial ￰27￱ us on Twitter , Facebook , Telegram , and Google News