bullish
impact ·Regulatory

Ripple Expands Wall Street Presence with Leveraged ETF Financing

XRP's parent company earns fees from a business typically dominated by banks

XSXRPSync Desk
2026-10-09 · 05:01 UTC · 1 min read · synthesised from 3 sources
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.

According to recent reports, Ripple is expanding its presence on Wall Street by offering leveraged exchange-traded fund (ETF) swap financing. This move marks a significant shift in the traditional banking landscape, where this type of financing has long been a domain of major financial institutions. By entering this market, Ripple is now earning fees from a business that was previously dominated by banks.

Sources

CR CryptoPotato
cryptopotato.com
CO CoinDesk
www.coindesk.com
UT U.Today
u.today

XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.