Ripple Enters $256B Leveraged ETF Market with Ripple Prime
Ripple Prime is launching services for leveraged ETFs, targeting a rapidly growing market with significant institutional demand.
Ripple Prime is launching services for leveraged ETFs, targeting a rapidly growing market with significant institutional demand. XRP (XRP) is trading at $1.42, up 1.4% since this brief published. This is an original Token Times brief based on reporting by CryptoNews, with live market data added, as of Sun, 11 Oct 2026 16:45:01 UTC.
This move positions Ripple to capture a share of the lucrative leveraged ETF market, potentially increasing its institutional adoption and revenue streams. It also highlights the growing intersection between crypto and traditional finance.
- Ripple Prime is entering the $256B leveraged ETF market with total-return swaps.
- The U.S. leveraged ETF market includes 593 funds and is experiencing rapid growth.
- XRP price remains stable despite the market news, currently at $1.4.
Ripple is making a strategic move into the leveraged ETF market through its Ripple Prime service, aiming to capture a share of the $256 billion U.S. market. This development was reported by both CryptoNews and DailyCoin, indicating Ripple's intention to leverage its technology in the traditional finance sector.
The leveraged ETF market is a rapidly growing niche in the U.S., with 593 funds currently operating. These funds rely on complex financial instruments like total-return swaps, which Ripple aims to facilitate through its platform. This could potentially reduce fees and counterparty risks for market participants.
While both outlets agree on the core details of Ripple's entry into the market, they differ slightly in their emphasis. CryptoNews highlights the financial instruments and associated risks, while DailyCoin focuses on the market's growth and Ripple's role in addressing key challenges.
This move comes as the broader crypto market remains relatively stable, with a total market cap of $2.88 trillion.
Bitcoin is up 0.14% in the last 24 hours, while
XRP, Ripple's native token, is currently priced at $1.4, showing a slight 24-hour decline of 0.56%.
The development underscores the increasing convergence between crypto and traditional finance. As Ripple seeks to expand its institutional footprint, the success of this venture could significantly impact its market position and revenue streams. Investors and market observers will be watching how this plays out in the coming months.
Since this brief published about 2 days ago, XRP (XRP) has moved from $1.40 to $1.42 — +1.43%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹148.39 (about $1.42), up 1.0% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ripple Enters $256B Leveraged ETF Market with Ripple Prime — questions & answers
What is Ripple Prime's role in the leveraged ETF market?
Ripple Prime will facilitate total-return swaps for leveraged ETFs, aiming to reduce fees and counterparty risks.
How big is the U.S. leveraged ETF market?
The market is valued at $256 billion with 593 funds, according to multiple outlets.
What is the current price of XRP?
XRP is priced at $1.4, showing a 24-hour decline of 0.56%.
How much is 1 XRP worth in rupee today?
About ₹148.39 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.42. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 1.43% since this brief first published — trading at $1.42 now versus $1.40 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoNews. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.