XRP ETF Sees Record Inflows as Institutional Interest Surges Amid Legal Clarity
Teucrium’s 2X Daily Long XRP ETF has marked the firm’s most successful launch to date, with five consecutive days of inflows. The surge in demand coincides with renewed institutional Optimism following regulatory clarity and leadership changes at the SEC.
Teucrium’s XRP ETF Becomes Most Successful Launch Amid XRP Legal Clarity and Futures Buzz
Teucrium’s latest offering, the 2X Daily Long XRP ETF, has seen five consecutive days of inflows, signaling rising institutional interest in XRP-related products. Teucrium’s CEO Sal Gilbertie called this the company’s “most successful launch ever,” noting the smart timing of the ETF’s debut just after the old SEC leadership stepped down. The consistent demand for the ETF follows recent legal clarity surrounding Ripple.
First XRP ETF Hits U.S. Market, Potentially Catalyzing Significant Price Movement
In a landmark development for the crypto sector, the first-ever exchange-traded fund (ETF) linked to XRP debuted on U.S. exchanges on Tuesday. Teucrium Investment Advisors LLC launched the Teucrium 2x Long Daily XRP ETF, trading under the ticker XXRP, offering investors twice the daily return of XRP through swap mechanisms. This marks a significant milestone for XRP, which ranks fourth globally with a market capitalization of approximately $111 billion.
Ripple XRP News Today: $50M XRP Settlement Could Land XRP in U.S. Crypto Reserve
Ripple CEO Brad Garlinghouse recently spoke about the end of XRP’s legal fight with the SEC, noting the recent shift in the US government’s crypto stance. He also mentioned the crucial area that still needs clarification. Additionally, Garlinghouse discussed Ripple’s recent acquisition of Hidden Road for $2 billion, one of the largest acquisitions in crypto history.
Ripple News Today: XRP Eyes $2.25 Amid Tokenisation Boom Forecast by Ripple and BCG
A report developed by Ripple and Boston Consulting Group forecasts that the tokenisation of real-world assets will grow from $0.6 trillion in 2025 to $18.9 trillion by 2033. The report asserts that tokenisation will revamp the entire financial system of the world. The XRP market has crossed the crucial $2 mark, potentially fueled by the report, raising questions about whether $2.25 could be next.
