Schwab Lists XRP ETFs as Eligible Repo Collateral

A recent Schwab filing has listed four XRP ETFs as eligible repo collateral, with their combined collateral value running into the millions. The positions span Grayscale, Canary, Franklin, and Bitwise XRP ETF line items.

This development is significant because it places XRP in an unusual institutional role, making eligibility as collateral a different kind of acceptance than simple ETF inflows.

The repo market sits at the heart of Wall Street liquidity, and this news may be just one of several catalysts that could impact XRP's price action in the coming weeks.