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 highlights increasing institutional exposure to XRP-linked ETFs. Other firms like Clear Creek and Leisure Capital also reported holdings in XRP ETFs, showing broader institutional adoption despite XRP's price being about 60% below its peak. The use of XRP ETFs as collateral indicates growing integration of these products in institutional portfolios and financing structures.
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...
The XRP Ledger's AI Hub recorded nearly 4.5 million AI-driven micro-payments as of September 8, but only 5,836 XRP tokens were actually settled, with most value transferred via Ripple's stablecoin RLUSD. This highlights a gap between transaction volu...
The XRP Ledger's Permission Delegation amendment, part of the xrpld 3.3.0 upgrade, is moving forward with validator voting after passing a critical security audit by Cantina. This feature allows account owners to delegate specific operational roles w...
