Teucrium has launched the first XRP ETF, attracting $5.3 million on its debut, indicating strong investor interest amidst market conditions.
Teucrium CEO, Sal Gilbertie, considers XRP as the most useful coin in the market due to its real-world utility and Ripple's experienced team.
He emphasized that XRP goes beyond speculation, facilitating real transactions, and positioning itself as a practical digital asset for day-to-day finance.
Teucrium's support for XRP stems from the belief in its proven use case and potential expansion as it plays a significant role in the tokenization of financial systems.