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Brazil Securities, MiCA Win & 13 Weeks of ETF Inflows | Oct 11
Audio is available on Spreaker — see link below.
XRP news hits a milestone week: Brazil's regulated securities depository goes live on the XRP Ledger, Ripple secures full MiCA authorization in the EU, and spot ETFs log thirteen straight weeks of net inflows — while XRP price stays stubbornly flat at $1.40. All the signals, all the tension, in one sharp briefing.
Audio is available on Spreaker — see link below.
Thirteen million. That's how many AI-powered payments have now cleared through the XRP Ledger's x402 protocol, and it took just three months to get there.
On the institutional side, Brazil's central securities depository, CSD BR, has begun recording securities ownership directly on the XRP Ledger, starting with BTG Pactual fund shares held under Ripple Custody. That matters because CSD BR is a licensed, regulated depository.
Ripple also secured full Crypto Asset Service Provider authorization under the EU's MiCA framework. Not a temporary exemption.
XRP spot ETFs logged their thirteenth consecutive week of net inflows, pulling in eleven point three one million dollars this week. Combined US spot ETF holdings now sit at one point six six billion dollars in assets under management, with one point one nine billion XRP held across those products.
Which makes the price picture harder to explain. XRP closed October eleventh at one dollar and forty cents, missing a widely cited weekly target of one dollar and fifty-three cents by more than nine percent.
X platform added crypto trading through Coinbase, Kraken, and Gemini this week, a distribution shift worth tracking as embedded finance expands. RLUSD hit two point four five billion dollars total, with one point one four billion sitting on the XRP Ledger.
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