The cryptocurrency community was recently abuzz with speculation after a post from The Crypto Bull and other prominent crypto influencers on X claimed that BlackRock, the world's largest asset management firm, had added $1.86 billion worth of XRP to its portfolio. This claim, which spread rapidly across social media, led many to speculate that such a massive purchase could signify growing institutional interest in Ripple's cryptocurrency. However, a closer examination of BlackRock's actual holdings reveals a significantly different picture.
🚨 UNCONFIRMED: BLACKROCK JUST ADDED $1.86 BILLION WORTH OF $XRP.
MASSIVE IF TRUE! pic.twitter.com/S254cIFZgm
— The Crypto Bull (@TheCryptoBull11) January 18, 2026
Arkham Intelligence Data Reveals True Holdings
According to data provided by Arkham Intelligence, a platform that offers detailed on-chain data for institutional crypto portfolios, BlackRock's cryptocurrency holdings include a substantially smaller amount of XRP than what was reported on social media. The data indicates that BlackRock holds only 5.267 XRP, valued at $10.32. This figure stands in stark contrast to the widely circulated report of a $1.86 billion purchase.
While BlackRock does maintain significant positions in other cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), with total holdings amounting to $83.9 billion, XRP does not constitute a major component of its portfolio as some had speculated.
The rumors likely originated from a misunderstanding or misinterpretation of BlackRock's investment strategies. Although the firm has demonstrated interest in digital assets and holds substantial stakes in Bitcoin and Ethereum, XRP does not appear in the significant quantities that were initially reported. Arkham Intelligence's data suggests that BlackRock's actual portfolio reflects a focus on other assets, such as Frax and Shido, which represent larger portions of their holdings.
The Importance of Verifying Cryptocurrency Claims
This incident underscores the critical need for caution when evaluating claims regarding institutional investments in cryptocurrencies. The swift dissemination of misinformation can easily generate unwarranted hype, particularly when the purported figures are as substantial as $1.86 billion. By relying on credible sources, such as Arkham Intelligence, the cryptocurrency community can better avoid succumbing to rumors and ensure that information is properly verified.
Currently, BlackRock's actual holdings provide no indication of such a large investment in XRP. The firm's diversified portfolio continues to prioritize other digital assets. As institutional interest in the cryptocurrency space continues to grow, it is essential for investors and enthusiasts to depend on accurate data when interpreting such developments.