XRP Issuer Ripple Earns About 8% Annualized Fees on Leveraged ETF Swaps

XRP Issuer Ripple Earns About 8% Annualized Fees on Leveraged ETF Swaps

Ripple, the company behind XRP, has built one of the leading swap-financing desks serving leveraged exchange-traded funds, and the fees it earns on individual products run far above a typical fund's management charge. Regulatory disclosures show that the Trader 2X Long SNDK Daily ETF pays Ripple a significant portion of its costs through these swap arrangements.

The financial data indicates that Ripple Prime earns annualized swap fees near 8% of fund assets on leveraged ETFs. This revenue stream is part of the broader dollar revenue built on the $1.25 billion Hidden Road acquisition, highlighting the strategic value Ripple has derived from expanding its institutional services beyond its core cryptocurrency business.