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Goldman Sachs builds XRP spot ETF holdings again with five funds

Goldman Sachs increased its holdings of XRP spot exchange-traded funds again after selling out in the previous quarter, a filing showed. A 13F report submitted to the U.S. SEC listed about $86.5 million in five XRP spot ETFs as of June 30. The largest holding by shares was Franklin Templeton’s XRP Trust, while Bitwise’s fund was slightly larger by value. The filing does not reflect intra-quarter trades or derivatives exposure.

Crypto

Storj Labs files for bankruptcy protection, seeks way for token holders to take equity

Storj Labs, a decentralised storage provider, has filed for Chapter 11 bankruptcy protection in the United States. It said it will maintain network operations and customer service during restructuring and is considering a plan to allow STORJ token holders to participate in equity of the reorganised company. The firm said most of its debt predates its current strategy and is too large to resolve through growth alone.

Crypto

Ripple escrow holdings put at about 32.45 billion XRP, community says it can be verified on public ledger

The XRP community has reaffirmed that Ripple’s publicly visible XRP escrow holdings total about 32.445 billion XRP, after confusion persisted in the market amid mixed figures from older sources. A user on X shared a snapshot based on the current ledger. The XRP Ledger Foundation’s community director said the same figure can be checked on XRPScan. Data shared also listed active accounts, burned XRP, escrow holdings, and circulating supply.