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🇺🇸 Teucrium 2x $XRP ETF (XXRP) hits $120 million in trading volume this week.

- The Teucrium 2x Long Daily XRP ETF (XXRP) hitting $120 million in trading volume this week reflects growing institutional interest in XRP, a cryptocurrency tied to Ripple, which saw a legal resolution with the SEC in May 2025, settling for $50 million after a contentious $2 billion claim, potentially boosting its ETF eligibility.

- XRP's current price of $2.81 USD with a 24-hour trading volume of $16.23 billion (CoinMarketCap, July 11, 2025) and its 2x leveraged ETF structure suggest amplified market volatility, supported by a 2018 study in the Journal of Financial Economics showing leveraged ETFs can increase price swings by 1.5-2 times due to rebalancing effects.

- Rumors of a BlackRock spot XRP ETF, fueled by DTCC listings and Ripple’s banking license application, align with a 2025 Bloomberg forecast of multiple crypto ETFs, though no filings are confirmed, indicating speculative momentum may outpace regulatory reality.

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