Teucrium’s 2X Long Daily XRP ETF launched on NYSE Arca with $5 million in first-day volume.The ETF doubles the daily performance of Ripple, doubling both the gain as well as the loss for day traders.Ripple’s $1.25 billion purchase of Hidden Road enhances its institutional presence, increasing Ripple’s market position.The XRP ETF launch volume indicates growing demand for derivatives for Ripple, surpassing Solana's launch volume.