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Gate Square New & Returning Creator Rewards are ongoing!
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Teucrium launched the first leveraged XRP ETF in the United States.
According to Wu, as reported by Bloomberg, alternative asset management company Teucrium Investment Advisors LLC has officially launched a leveraged ETF linked to the crypto asset XRP, which is the first product of its kind to offer such exposure in the U.S. market. The product, named “Teucrium 2x Long Daily XRP ETF,” will achieve double leveraged returns on daily XRP gains through swap contracts. Teucrium was founded in 2010 and currently manages assets totaling $311 million.