According to Foresight News, Teucrium Investment Advisors has introduced the first leveraged ETF tied to the cryptocurrency XRP. Named the Teucrium 2x Long Daily XRP ETF, with the ticker symbol XXRP, it carries an expense ratio of 1.85% and is now listed in the United States. This ETF aims to deliver double the daily returns of XRP and was launched shortly after the U.S. Securities and Exchange Commission (SEC) withdrew its lawsuit against Ripple.

#SEC #ETF #XRP