XRP (XRP) Price: Ripple Takes On Banks in $256 Billion Leveraged ETF Market

TLDR Ripple Prime now provides swap financing to leveraged ETFs, a business long handled by big banks. The Tradr 2X Long SNDK Daily ETF pays Ripple the overnight bank funding rate plus 4 percentage points. XRP traded near $1.40, down more than 5% in the past 24 hours. Ripple built its brokerage through the $1.25 [...]

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