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Goldman Sachs rebuilds $87M XRP ETF holdings after earlier exit in Q1 2026

Market News
24 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Goldman Sachs disclosed $86.5 million in five spot XRP ETFs as of June 30, 2026, after fully exiting its XRP position in Q1. The bank diversified its holdings across multiple XRP ETFs, with significant stakes in Bitwise and Franklin Templeton funds. This move reflects growing institutional interest in XRP, alongside other major banks like JPMorgan and Morgan Stanley. XRP ETF assets and inflows are rising, suggesting XRP may become a stable part of institutional crypto portfolios if this trend continues.

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US signals possible sanctions on Chinese banks amid Iran tensions but maintains trade talks with China.

US signals possible sanctions on Chinese banks amid Iran tensions but maintains trade talks with China.

US President Donald Trump indicated potential sanctions on Chinese banks linked to Iran sanctions, while US and Chinese officials continue preparing for Chinese President Xi Jinping's upcoming US visit. Despite tough rhetoric, both countries focus on...

Market News
Neutral
4 hours ago
Zcash price rebounds above $800 amid votes on faster blocks and issuance changes

Zcash price rebounds above $800 amid votes on faster blocks and issuance changes

Zcash (ZEC) price has recovered above $800 following a dip to $773, driven by a sharp weekly rally and ongoing votes by holders on key network upgrades. The NU7 poll asks coinholders to decide on proposals including faster block times (reducing from ...

Protocol Fundamentals
Bullish
4 hours ago
Best Buy raises full-year guidance after strong Q2 with 15% EPS growth and 4.1% sales increase.

Best Buy raises full-year guidance after strong Q2 with 15% EPS growth and 4.1% sales increase.

Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...

Company Fundamentals
Bullish
4 hours ago
BP shifts assets and invests in Brazil amid mixed analyst ratings.

BP shifts assets and invests in Brazil amid mixed analyst ratings.

BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...

Market News
Neutral
4 hours ago
New Bitcoin proposal SHRINCS aims to secure Bitcoin against future quantum threats but faces technical and adoption challenges.

New Bitcoin proposal SHRINCS aims to secure Bitcoin against future quantum threats but faces technical and adoption challenges.

Blockstream has introduced a Bitcoin Improvement Proposal (BIP) called SHRINCS, a post-quantum signature scheme designed to protect Bitcoin from potential quantum computing threats. SHRINCS is already tested on Blockstream’s Liquid sidechain but pres...

Protocol Fundamentals
Neutral
5 hours ago
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