The First Leveraged XRP ETF in the U.S. Surpasses $300 Million in Net Inflows

Teucrium 2x Long Daily XRP ETF (XXRP) recorded $323.6 million in net inflows last week, becoming the first XRP ETF in the U.S. to surpass $300 million in net inflows.

Currently, XXRP accounts for 52.5% of the total net inflows of $616 million across all XRP ETFs in the U.S., although these products are still based on derivatives as the SEC has yet to approve spot products.

Last week, XRP ETP attracted $189 million in inflows, with XXRP accounting for $73.4 million, an increase of 22.7% from the previous week.

XXRP was launched on April 8 and is currently leading among the four XRP ETFs trading in the U.S., with other products including Volatility Shares' XRPI and XRPT as well as ProShares' UXRP.

Global net inflows for XRP products have reached $721 million, still below Solana ETP's $844 million.