XRP exchange-traded funds (ETFs) showed increased institutional use and investor interest on Sept. 8, with $11.39 million in XRP ETF shares reported as collateral in Charles Schwab's repo agreements involving JPMorgan and BofA Securities. Separately, XRP ETFs attracted nearly $2 million in net inflows during the same day, contrasting with outflows in larger crypto ETF categories like Bitcoin. This dual development highlights XRP ETFs' expanding role in U.S. markets, supported by cumulative inflows of $1.69 billion and growing institutional exposure. Future reports will clarify if this trend continues as XRP ETFs gain traction among investors and financial firms.
Shares of four U.S. spot XRP ETFs from Grayscale, Canary, Franklin, and Bitwise are being pledged as collateral in repurchase agreements worth nearly $4 billion by a Charles Schwab money market fund. This marks a significant increase in XRP ETF colla...
Charles Schwab's recent filing revealed nearly $4.8 million worth of XRP ETF shares used as collateral in its Prime Advantage Money Fund, including products from Grayscale, Canary, and Franklin. This does not confirm direct purchases by Schwab but hi...
The Canary Staked TRX ETF (TRXS) has launched on the Cboe exchange, marking the first U.S. ETF to offer staked exposure to TRON's native token, TRX. The fund stakes nearly all its TRX holdings, reinvesting 80% of staking rewards back into the fund's ...
Ripple's chief legal officer, Stuart Alderoty, is lobbying undecided U.S. senators to meet everyday crypto holders ahead of the Sept. 15 cloture vote on the CLARITY Act. The bill aims to create a federal framework for digital assets, splitting oversi...
XRP's price climbed 3.8% to $1.43, showing strong weekly gains amid positive technical signals like a descending triangle and bull flag patterns. Analysts highlight key resistance levels at $1.40 and $1.50, with potential breakouts possibly driving p...
