Charles Schwab Filing Includes XRP ETFs as Repo Collateral

A recent Charles Schwab filing lists XRP ETFs from Grayscale, Canary, Franklin, and Bitwise as eligible collateral in its repo market, with nearly $4.8 million in shares identified. This development highlights XRP's growing role in institutional liquidity, alongside factors like the recent XRPL upgrade and the upcoming CLARITY Act vote. While XRP price action remains volatile between $1.30 and $1.40, analysts are watching for a potential breakout toward $1.70 if the asset can sustain momentum above $1.55 resistance.