$XRP
XRP lags Ripple ETF as AUM nears $500 million milestone.
Surging to an all-time high of $3.50, XRP has outpaced most major tokens this year, driven in part by Republican support for the CLARITY Act and the launch of Ripple’s new USD stablecoin. Yet it’s the Teucrium Leveraged XRP ETF (XXRP) that has stolen the spotlight.
The XXRP ETF has increased by 136% since its inception in April, while XRP has risen by 81% during the same period. It has also had robust inflows, with its assets surging to $471 million.
Together, these developments signal growing institutional confidence in Ripple’s future—and suggest the market is beginning to price in regulatory clarity and product innovation.
XRP price had a strong performance this week, surging to a record high as Republicans voted for the stablecoin-focused CLARITY Act.
81st biggest asset globally
Ripple’s year-to-date gains are 66% and its market capitalization is at about $204 billion. As for its fully diluted valuation, it is over $300 billion.
It has grown into the 81st biggest asset globally.
But the XXRP fund has actually outperformed XRP. Why? Unlike other popular crypto ETFs, it is a leveraged fund that seeks to generate daily returns of 2x the performance of XRP price. If XRP increases by 1%, the XXRP stock will rise by 2%. #Write2Earn #CryptoMarket4T #AltcoinBreakout #BinanceHODLerERA #BTC120kVs125kToday $XRP