Four XRP ETFs Now Sit in a Schwab Money Fund’s Repo Collateral

Key Takeaways Schwab’s Sept. 8 N-MFP3 filing lists Grayscale, Canary, Franklin and Bitwise XRP ETFs as repo collateral. JP Morgan and Bofa Securities are the counterparties on five repurchase agreements worth $3.99 billion. XRP ETF collateral rose from $35,973 in…