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

News.Bitcoin.com
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Four XRP ETFs Now Sit in a Schwab Money Fund’s Repo Collateral

Shares in four U.S. spot XRP exchange-traded funds (ETFs) are being pledged as collateral against nearly $4 billion of borrowing from a Charles Schwab money market fund, according to the fund’s latest monthly filing. What the Filing Shows Charles Schwab Family of Funds recently filed its monthly N-MFP3 portfolio report, covering the period ended Aug. […]

Key Takeaways

  1. spot XRP exchange-traded funds (ETFs) are being pledged as collateral against nearly $4 billion of borrowing from a Charles Schwab money market fund, according to the fund’s latest monthly filing.
  2. What the Filing Shows Charles Schwab Family of Funds recently filed its monthly N-MFP3 portfolio report, covering the period ended Aug.
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.