Schwab Reveals $4.8M XRP ETF Exposure Amid Token's Decline

The Charles Schwab Prime Advantage Money Fund has disclosed nearly $4.8 million in XRP ETF shares used as collateral, highlighting growing institutional use of XRP-linked products.

The filing with the U.S. Securities and Exchange Commission shows exposure to three XRP-linked ETFs: Canary XRP ETF ($3.06 million), Grayscale XRP Trust ETF ($1.01 million), and Franklin XRP ETF ($702,000).

This is not an isolated case; several investment firms have reported XRP ETF holdings in regulatory filings, including Clear Creek Financial Management, Leisure Capital Management, Beacon Pointe Advisors, and Brookstone Capital Management.