Teucrium’s XXRP ETF Outshines All: XRP Demand Fuels Record-Breaking Performance

Move over, Bitcoin—XRP is stealing the spotlight. Teucrium’s XXRP ETF just became its top-performing fund, riding a wave of investor frenzy for the embattled crypto.

Why the sudden surge? Traders are piling into XRP like it’s 2021 again, betting big on regulatory clarity and institutional adoption. Meanwhile, Wall Street shrugs—another day, another ETF cashing in on crypto hype.

Teucrium’s win isn’t just a fluke. It’s a sign: altcoins aren’t dead yet, and neither are the speculative plays that keep finance bros awake at night. Just don’t ask about the fees.

XXRP is Teucrium’s most successful product

Meanwhile, XXRP has also been a game-changer for Teucrium. The ETF issuer had mostly focused on agricultural products before now, but the newly launched XXRP ETF has also become its biggest ETF in less than five months. According to information about the fund on the Teucrium page, XXRP has a total net asset of over $400 million.

Speaking on that development, Teucrium Trading president Sal Gilbertie said on CNBC that it is the most successful ETF launched by the company in its 16 years of existence, and he has never seen such a surge in interest and inflow in a product before now.

He said:

“There is enormous interest in XRP. They call it the XRP Army, and I realize they call it that for a reason. We launched this fund, it will be 16 weeks tomorrow, and the money that has come in is quite extraordinary, hundreds of millions of dollars. It is our most successful product.”

Gilbertie added that it is clear that investors want a levered ETF, and  Teucrium is already a pro in derivatives products. He added that he is familiar with XRP and believes the product was designed for aggressive traders, and there is significant demand for it.

The  CEO added that the profile of XXRP differs from that of a spot product, noting that investors who want to allocate part of their portfolio to crypto should go for unlevered funds that hold the token and track its price. He noted that XXRP is meant to be held for one day, and people must understand that.

He concluded saying,  “If you just want exposure to a token, buy an unlevered fund. If you want to trade a token for price movement, then a levered fund could be an option for you.”

SEC announces more ETF developments as the market waits for altcoin ETFs

While derivative ETFs for XRP and several other altcoins have been seeing massive interest, most market observers appear to be waiting for the Securities and Exchange Commission (SEC) to finally approve spot ETFs for altcoins such as solana and XRP.

There are no signs of when that WOULD happen yet, even as positive developments from the regulator suggest it could be soon. The SEC has already approved the conversion of two crypto index funds to ETFs, although it has not allowed Grayscale and Bitwise to list the ETFs.

Interestingly, the regulator has just approved in-kind creation and redemption for spot Bitcoin and Ether ETFs with an order granting accelerated approval. The SEC stated that it found the proposals consistent with the Exchange Act and relevant regulations.

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