Schwab Welcomes XRP ETFs to $11.4 Million Collateral Pool

XRP exchange-traded funds (ETFs) have entered Charles Schwab's $11.4 million collateral pool, signaling growing institutional interest in the asset.

The disclosure comes as XRP ETFs attracted nearly $2 million on Tuesday, while other major crypto categories experienced outflows.

In a Form N-MFP3 filing with the SEC, Schwab reported eight XRP ETF collateral line items valued at approximately $11.39 million, supplied by JPMorgan Securities and BofA Securities through repurchase agreements.