Ripple Prime Funds Leveraged ETFs at ~8% but Fees Never Reach XRP
- —Tradr 2X Long SNDK pays Ripple OBF plus 4 points, about 8% a year
- —The US has 593 leveraged ETFs with over $256 billion in assets needing rolling funding
- —Ripple Prime has raised up to $475 million since May, with BBB-rated bonds
- —XRP at $1.39: daily range $1.36–$1.41, volume $1.88 billion, market cap $87.4 billion
Why it matters: Ripple Prime's dollar-denominated business generates no demand for XRP, so company revenue growth does not translate into token price.
Source: CryptoTicker