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First Leveraged XRP ETF Launches In The US

  • Teucrium Investment Advisors has launched the first-ever leveraged exchange-traded fund (ETF) tied to XRP in the United States.
  • The Teucrium 2x Long Daily XRP ETF will start trading on NYSE Arca under the ticker XXRP.
  • The fund gains exposure to XRP through total return swap agreements with third-party XRP benchmarks and European-listed exchange-traded products (ETPs).
  • The launch indicates growing regulatory comfort with derivative-based crypto products, even as spot ETFs remain under review.

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