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Goldman's $87M Stake, Schwab in the ETF Stack & XRP at $1.43 | Sep 8
Audio is available on Spreaker — see link below.
Goldman Sachs confirms $87.4M in XRP ETF exposure while Charles Schwab appears in a Grayscale filing — institutional infrastructure is building fast. Plus: XRP ETF inflows diverge from Bitcoin and Ethereum, the SEC expands commodity trust listings, and the September 15 CLARITY Act vote looms.
Audio is available on Spreaker — see link below.
Charles Schwab just showed up in an XRP ETF filing. That's the signal worth leading with today.
Goldman Sachs tells a more direct story. A Q2 SEC filing confirms Goldman holds eighty-seven point four five million dollars in XRP ETF exposure.
The flow data from September eighth sharpened that picture. XRP ETFs pulled in one point five five million dollars net on that day.
The regulatory side is also moving. The SEC published order thirty-four-one-oh-six-two-six-eight, approving Nasdaq Texas listings for actively managed commodity-based trusts that can hold up to fifteen percent in non-qualifying assets.
One potential disruption was closed out this week. Former Ripple CTO David Schwartz addressed reports of XRP Ledger network latency.
On price, XRP is holding near one dollar forty-three, sitting above the one point three zero to one point four zero support zone. The three-day one hundred EMA in that same range is the technical level analysts are watching most closely.
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