TEUCRIUM Investment Advisors started the first XRP -based exchange trading fund (ETF) in the United States. TEUCRIUM 2X LAY DAILY XRP ETF (Ticker: XXRP) started trading at NYSE Arca Exchange on April 8, 2025. This is an important moment because it is the first ETF related to XRP in the United States.
The XXRP ETF is a twice as a leverage fund that doubles the daily price movement of XRP. Since XRP is known as price volatility, it can achieve higher profits, but it can cause greater risk. The launch of this leverage ETF is increasing interest in Cryptocurrency -based ETFs, and other companies such as BitTise, WisDomtree and Franklin Templeton are also working on XRP -related ETFs. However, their reports are still under review by the US Securities and Exchange Commission (SEC).
On the day of the release of the ETF, the price of XRP moved a lot. It rose to less than $ 2, which was simply increased by 6% before it dropped its profit.
New era of ETF related to encryption
Teucrium’s XXRP is part of a greater trend that more investors can actually expose to cryptocurrency such as XRP without actually buying and managing the coin itself. Cryptocurrencies is still a new ETF world, and XXRP provides new investment options for those interested in the digital asset market.
As the first leverage XRP ETF in the United States, XXRP sets a new standard. In the next few months, it will show how well it will be done in the price volatility and regulatory problems of XRP.
Investment method
If you manage your own investment, you can buy Teucrium’s ETFs through the broker website. Many popular brokerage platforms can be invested in these funds. The most common is ALLY Invest, Charles Schwab, Etrade, Fidelity, Interactive Brokers, Robin Hood, Sofi Invest and Vangurard.