BNY Mellon Custody, Quantum Upgrade & ETF Outflows | XRP Daily

From XRP the Standard · 4:39

Show by YesOui

(00:00:00) BNY Mellon Custody, Quantum Upgrade & ETF Outflows | XRP Daily (00:00:43) XRPL Quantum Timeline and Mechanics (00:01:31) BNY Mellon Adds XRP and RLUSD (00:02:14) ETF Flows and Price Context (00:03:02) Funding Rates and Foundation Grants (00:03:43) What to Watch Next BNY Mellon — one of the world's largest custodian banks — has added XRP and RLUSD to its institutional digital asset custody platform, a foundational move for large-scale capital deployment into XRP. The partnership also explores tokenized trade finance and RLUSD issuance, signalling that the custody infrastructure institutions need is now materially in place.On the technology front, the XRP Ledger's quantum-resistant upgrade is taking shape, and critically, self-custody holders will not need to migrate their coins or change their wallet addresses. The draft ML-DSA-44 amendment adds a new key type alongside existing credentials, leaving your address and holdings intact. Validators still need to approve the amendment before it reaches mainnet, with a target window of 2028 — well ahead of the NIST quantum deadline of 2030–2035.ETF flows saw their largest single outflow day since March, with approximately $10.42 million leaving US spot XRP ETFs on November 9th, Bitwise accounting for the bulk. Context matters: the preceding week showed near-zero flows, and RSI readings are deep in oversold territory — a pattern that has historically preceded stabilisation. Meanwhile, Binance XRP funding rates hit a one-year high on a 30-day cumulative basis even through the correction, a signal worth watching.Finally, the XRP Ledger Foundation has launched a $40,000 education grant program, funding content creators to cover the Lending Protocol, Confidential Transfers, and core XRPL fundamentals ahead of upcoming validator votes. Smart sequencing: build understanding before the vote.Nothing in this episode is financial advice. Do your own research.This episode includes AI-generated content.

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