#XRPETF
SEC approves first ever XRP ETF:
- The SEC approved Teucrium’s launch of the first leveraged XRP ETF in the U.S.
- The ETF is structured under the Securities Act of 1933 and uses swap agreements, not direct XRP holdings.
- It uses pricing benchmarks from CME CF XRP rates and European ETPs due to the lack of a U.S. spot XRP ETF.