$XRP issuer Ripple is quietly printing money in the leveraged-ETF game
They're now a key intermediary collecting juicy daily swap spreads from those 2x/3x leveraged products that bleed value if you hold past a single session
Why? Post-2008 bank regs pushed banks out of this high-fee niche—Ripple and other non-banks stepped in to fill the void
Classic regulatory arbitrage play. While retail chases $XRP pumps, the company itself is stacking fees from TradFi infrastructure most people don't even see
WSJ dropped this today. Worth noting where the real revenue is flowing
They're now a key intermediary collecting juicy daily swap spreads from those 2x/3x leveraged products that bleed value if you hold past a single session
Why? Post-2008 bank regs pushed banks out of this high-fee niche—Ripple and other non-banks stepped in to fill the void
Classic regulatory arbitrage play. While retail chases $XRP pumps, the company itself is stacking fees from TradFi infrastructure most people don't even see
WSJ dropped this today. Worth noting where the real revenue is flowing