Teucrium Launches 2x Leveraged XRP ETF Amid Growing Market Optimism

In a significant development for the cryptocurrency market, Teucrium has announced the launch of a 2x Leveraged XRP ETF, named the XXRP fund. This innovative financial product is designed to deliver twice the daily price performance of XRP and is set to begin trading on NYSE Arca on April 8, 2025. The fund’s introduction comes at a time when market sentiment around XRP is increasingly bullish, further evidenced by surging odds on Polymarket for the approval of a spot XRP ETF. Unlike traditional ETFs, the XXRP fund will not directly invest in XRP but will instead gain exposure through swap agreements with global financial institutions. Additionally, the fund has provisions for investments in XRP futures contracts, options, XRP-related companies, and spot XRP ETPs, offering investors a diversified approach to gaining leveraged exposure to XRP’s price movements. This launch marks a pivotal moment for XRP enthusiasts and investors, providing them with new tools to capitalize on the cryptocurrency’s volatility and potential growth. The move also reflects the growing institutional interest in XRP and the broader cryptocurrency market, as financial products continue to evolve to meet investor demand for sophisticated and leveraged investment options.

Teucrium Launches 2x Leveraged XRP ETF, Polymarket Odds Surge for Spot Approval

Teucrium has launched a 2x leveraged XRP ETF, the XXRP fund, which aims to deliver two times the daily price performance of XRP. It will begin trading on NYSE Arca on April 8. The fund will not directly invest in XRP but gain exposure through swap agreements with global financial institutions. There is also a provision for investment in XRP futures contracts, options, XRP-related companies, and spot XRP ETPs. Polymarket odds suggest a high likelihood of approval for a spot XRP ETF this year in the US.

First XRP ETF in the US Launching Soon

Earlier this week, asset manager Teucrium Investment Advisors revealed plans to launch the Teucrium 2x Long Daily XRP ETF (ticker: XXRP). The investment vehicle received approval from the New York Stock Exchange and is expected to go live on April 8th. It is a 2x Leveraged product designed for investors with a short-term high-conviction view on XRP prices. Teucrium also noted that such developments could influence supply and demand for Ripple’s cross-border token.

Ripple: 3 Ways To Enjoy When XRP Hits $10 In The Future

Ripple (XRP) is one of the leading cryptocurrency tokens gaining mainstream momentum. It aims to establish its dominion in the budding stablecoin domain and is part of the growing ETF system, attracting new users. Multiple experts forecast a bullish future for XRP. Once XRP hits $10, investors can diversify their holdings through stocks, bonds, and other assets to make the most out of their profits.

Teucrium Launches Leveraged XRP ETF in the US

Vermont-based asset manager Teucrium has launched the first XRP-based exchange-traded fund (ETF) in the U.S., a Leveraged product called the Teucrium 2x Long Daily XRP ETF (XXRP) that will list on NYSE Arca, offering twice the daily performance of XRP. Multiple issuers, including WisdomTree, Franklin Templeton, Canary Capital, and 21Shares, have already filed for XRP ETFs, but they are still under review by the Securities and Exchange Commission (SEC). Bloomberg’s Eric Balchunas called the launch ’very odd,’ noting that leveraged products typically follow spot approvals.