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Crypto

Schwab's $4.8M XRP ETF Holding Revealed Amid Growing Inflows

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XRP
Share

Charles Schwab has disclosed nearly $4.8 million in XRP ETF shares as collateral, according to a recent filing with the U.S. Securities and Exchange Commission.

The disclosure came from the Schwab Prime Advantage Money Fund, which is part of Charles Schwab's Family of Funds.

This means the shares were reported because they were being used in a financial arrangement, rather than showing that the fund directly bought the ETFs.

Clear Creek Financial Management and Leisure Capital Management have also reported exposure to XRP through various ETFs.

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