October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix NowOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Ripple’s Wall Street Expansion Doesn’t Automatically Mean More XRP Demand

Ripple Prime’s reported Wall Street expansion could increase Ripple’s business, but its institutional clients do not automatically need XRP. The reported XRP usage remains undisclosed.
From TheFinanceBase Team5 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Ripple’s reported move deeper into Wall Street could grow its business without creating equivalent demand for XRP. The complication is that institutions can pay Ripple Prime for trading, clearing and financing services without buying the token. The October 10, 2026, Seoul Economic Daily report describes new work involving leveraged exchange-traded funds (ETFs) and institutional funds, but says Ripple has not disclosed how much XRP, if any, the leveraged-ETF business uses.

What Ripple’s reported Wall Street expansion involves

According to the October 10, 2026, Seoul Economic Daily report, Ripple Prime is entering the U.S. equity derivatives market by facilitating total-return swaps related to leveraged ETFs. In the arrangement described, an asset manager gets exposure to an ETF’s share-price movements; Ripple Prime settles gains and losses and collects financing fees. The report also says Ripple broadened its relationship with Brevan Howard, providing execution, clearing and financing services to funds managed by the firm. Seoul Economic Daily report.

As an Amazon Associate I earn from qualifying purchases.

These are traditional financial services that can generate revenue for Ripple. The report presents Ripple’s October 2025 acquisition of Hidden Road and its subsequent reorganization as Ripple Prime as part of the company’s broader move into institutional finance. The specific new arrangements are reported by the newspaper; the material available here does not include independent primary-source confirmation of them.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Why Ripple’s revenue is not the same as XRP demand

A fund can use Ripple Prime’s services and pay fees without purchasing XRP, according to the report. Those fees belong to Ripple as company revenue; they are not distributions to XRP holders. A larger client base, higher company valuation or greater presence in institutional markets therefore cannot, on its own, establish that demand for the token has risen.

#1 Best Overall
Ledger Nano X - Classic Crypto Wallet with Bluetooth
  • Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
  • Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
  • Enjoy Bluetooth connectivity, iOS access, and hours of battery use with this mobile-first, secure backup signer. Freedom you can depend on.
  • Genuine Check: confirm your signer is authentic during setup with the Ledger Wallet app.
  • Protect your signer: keep it in mint condition at all times with a bespoke Pod or Case to avoid scratches and everyday wear and tear.

The key missing figure is how much XRP, if any, the reported leveraged-ETF activity requires. Ripple has not disclosed the amount used in that business. Without usage or transaction data, the expansion cannot be translated into a reliable estimate of XRP purchases, ongoing holdings or price impact.

Where XRP could fit—and what remains unproven

The report identifies several possible connections between Ripple’s institutional business and XRP: the token is used to pay XRP Ledger transaction fees, can act as a bridge asset, and may be used as trading collateral on Ripple Prime. These are potential demand channels, not proof that the new clients are buying or holding XRP at scale. The report notes that ledger fees are small and does not quantify the XRP used as collateral or for bridging.

Rank #2
Sale
TANGEM Crypto Wallet Pack of 3 – Trusted Cold Storage Hardware Wallet
  • Proven security at scale: Over 9 years and millions of cards issued with no known remote hacks, while military‑grade EAL6+ security keeps your private keys locked inside the chip. Your cryptocurrencies stay strongly protected from online attackers.
  • Tap once to manage your entire crypto wallet across 90 blockchains - no USB cables or Bluetooth, no batteries, no setup. Access 14,100+ coins & tokens, DeFi, NFTs, and staking instantly from your phone
  • Smart backup: Use your second Tangem Wallet as your Backup keys with end‑to‑end encryption; no more papers, pictures. If one card is lost, the remaining can still restore full access, with an optional seed phrase available for advanced users.
  • Engineered to last up to 25 years: Waterproof (IP69K), shockproof and tested for extreme temperatures from −25°C to 50°C. A durable cold wallet with long‑term protection and independently audited security.
  • Trusted by 6 million users worldwide (4.9 App Store, 4.8 Google Play) - buy, sell, swap, stake, and spend cryptocurrency directly. The secure offline storage wallet designed for how people actually use crypto wallets

Ripple’s stablecoin, RLUSD, is another reason the company’s institutional growth need not map directly to XRP. A dollar-pegged token can serve some payment and collateral needs that might otherwise involve XRP. On June 2, 2026, Ripple said RLUSD was available to institutions in Türkiye through BiLira, Bitexen and Bitlo, and reported its market capitalization at $1.7 billion. That figure is Ripple’s reported figure as of that announcement, not an independently audited market measurement in the source reviewed. Ripple’s Türkiye announcement.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

RLUSD is also available on blockchains other than the XRP Ledger, according to the Seoul Economic Daily report. As a result, even growth in RLUSD usage would not necessarily mean equivalent demand for XRP. The relevant question is not simply whether Ripple’s services or stablecoin are growing, but which assets customers actually use, in what amounts, and whether they retain them.

Rank #3
TANGEM Crypto Wallet Pack of 2 – Trusted Cold Storage Hardware Wallet
  • Proven security at scale: Over 9 years and millions of cards issued with no known remote hacks, while military‑grade EAL6+ security keeps your private keys locked inside the chip. Your cryptocurrencies stay strongly protected from online attackers.
  • Tap once to manage your entire crypto wallet across 90 blockchains - no USB cables or Bluetooth, no batteries, no setup. Access 14,100+ coins & tokens, DeFi, NFTs, and staking instantly from your phone
  • Smart backup: Use your second Tangem Wallet as your Backup keys with end‑to‑end encryption; no more papers, pictures. If one card is lost, the remaining can still restore full access, with an optional seed phrase available for advanced users.
  • Engineered to last up to 25 years: Waterproof (IP69K), shockproof and tested for extreme temperatures from −25°C to 50°C. A durable cold wallet with long‑term protection and independently audited security.
  • Trusted by 6 million users worldwide - buy, sell, swap, stake, and spend cryptocurrency directly. The secure offline storage wallet designed for how people actually use crypto wallets

Separate the bank milestone from token demand

Ripple announced it had received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for an application to establish Ripple National Trust Bank. The company says the planned arrangement would involve federal and state oversight of RLUSD reserves. The approval is conditional, and the announcement does not establish that the bank is operating or that its customers must acquire XRP. Check the OCC’s current status before treating the application as final. Ripple’s announcement.

Ripple CEO Brad Garlinghouse called the conditional approval “a massive step forward – setting the highest standard for stablecoin compliance with both federal and state oversight,” according to the company announcement. That is his characterization, not an independent assessment by the regulator.

Rank #4
DCENT Hardware Wallet | Biometric Cold Storage, Bluetooth, Multi-Crypto
  • EAL5+ CERTIFIED SECURE ELEMENT + FINGERPRINT PROTECTION — Your private keys stay encrypted offline on a certified EAL5+ chip, the same security tier used in EMV bank cards. Built by DCENT, securing crypto since 2018. Fingerprint authentication adds a second layer no PIN-only wallet can match.
  • 10,000+ ASSETS NATIVE ON 100+ BLOCKCHAINS — Hold Bitcoin, Ethereum, XRP, Solana, Cardano, popular stablecoins (USDT, USDC), and NFTs in one wallet. No third-party apps, no fragmented setup — every supported asset works straight out of the box.
  • TAP-TO-SIGN MOBILE EXPERIENCE — Pair your wallet with the DCENT mobile app over Bluetooth. Manage tokens, review transactions, and access in-app swap features directly from your phone — no cables, no desktop required.
  • WEB3 & dAPP ACCESS VIA METAMASK — Connect to MetaMask and other browser extension wallets to manage NFTs, claim airdrops, and access dApps. A large screen and intuitive 4-button interface keep every transaction clearly visible before you sign.
  • SEAMLESS FIRMWARE UPDATES & 30-DAY MONEY-BACK GUARANTEE — Apply security updates without resetting your wallet or migrating funds. Backed by Amazon's 30-day money-back guarantee — your purchase is risk-free.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

ETF exposure is not the same as direct XRP ownership

Ripple’s company-authored ETF article reported that cumulative U.S. spot XRP ETF inflows exceeded $1.50 billion by early March 2026. The article also said Goldman Sachs disclosed $153.8 million in spot XRP ETF exposure in a Q4 2025 13F filing. These figures have distinct dates and sources: the inflow total is Ripple’s reported cumulative figure, while the Goldman figure is Ripple’s account of a filing. A 13F position in ETF shares does not prove the institution directly bought XRP for its own balance sheet, still held the shares later, or had an unhedged bet on XRP’s price. Ripple’s ETF article.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

ETF shares, direct ownership of XRP and Ripple equity are different exposures. As one example of the differences within ETF ownership, a Bitwise XRP ETF filing with the SEC says the fund invests substantially all its proceeds in XRP, holds the token with a custodian and charges a 0.34% annual sponsor fee, subject to the filing’s stated initial waiver. The filing reports that the fund made no distributions during the period covered. An ETF investor owns fund shares, not the XRP held by the fund directly. Bitwise XRP ETF SEC filing.

Best Value
Trezor Safe 7 Crypto Hardware Wallet with Bluetooth for Android/iOS/Desktop
  • Dual-chip architecture for maximum protection: The next-gen, fully auditable TROPIC01 chip works alongside a certified EAL6+ Secure Element—completely NDA-free—to deliver radically transparent, industry-leading defense against physical attacks.
  • Quantum-ready security: Get protection against future threats with the first-ever hardware wallet designed with quantum-ready architecture.
  • See every detail with confidence: Our largest high-resolution color touchscreen makes it easy to navigate your assets, review transactions and manage your coins with clarity.
  • Wireless freedom with encrypted Bluetooth control: Manage, buy, swap and stake securely using Trezor Suite on desktop or mobile. Qi2-compatible wireless charging keeps your Trezor powered up. No cables required—security meets convenience.
  • Works seamlessly with Android, iOS and desktop: Connect wirelessly or via USB-C to your phone or computer. Manage your crypto anywhere with our companion Trezor Suite app.

How to assess the expansion as an XRP investor

Keep company growth and token demand in separate columns. Announced partnerships, a conditional bank approval and new institutional services show activity at Ripple; evidence of XRP demand would need to show that customers actually acquire or use the token, in measurable amounts.

  • Ripple revenue: Fees for execution, clearing, financing or settlement can benefit the company without accruing directly to XRP holders.
  • RLUSD activity: Stablecoin payments or collateral can support Ripple’s business while using a dollar-pegged asset instead of XRP.
  • Possible XRP usage: Ledger fees, bridge transactions and collateral use could create token demand, but the reported business does not quantify these channels.
  • ETF exposure: Fund inflows and institutional ETF-share disclosures indicate exposure through a financial product; they do not establish direct token ownership or lasting, unhedged demand.
  • Evidence that would strengthen the case: Disclosed XRP usage tied to the new services, transaction volumes, or clear reporting on customer holdings would help connect Ripple’s expansion to token demand. The figures cited here do not establish that connection.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Windows Errors? Fix Them Before They SpreadFree repair scan
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.