Overview

• Teucrium Investment Advisors has introduced the first-ever 2x leveraged XRP ETF, trading under the ticker XXRP on NYSE Arca starting April 8, 2025.
• This launch is unusual as leveraged products are typically introduced after standard spot ETFs, which for XRP remain under SEC review.
• The fund aims to deliver twice the daily performance of XRP but carries risks tied to the token's price volatility and declining network usage.
• Teucrium has set a management fee of 1.85% for the ETF, highlighting the product's short-term trading focus.
• The debut follows the SEC's March decision to drop its case against Ripple, a key regulatory milestone for XRP-related products.