Teucrium launched the first leveraged XRP ETF in the United States.

WuSaidBlockchainW · 2025-04-08T01:07:50+00:00

Teucrium Investment Advisors LLC has launched the first leveraged ETF product linked to the cryptocurrency XRP, the "Teucrium 2x Long Daily XRP ETF", which achieves double leveraged returns on daily XRP gains through derivation contracts. This marks the beginning of the first such product available in the U.S. market. Teucrium was founded in 2010 and currently manages assets totaling $3.11 billion.

WuSaidBlockchainW

2025-04-08 01:07:50

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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.

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