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#XRPETF Teucrium Launches Leveraged Fund Based on XRP Teucrium Investment Advisors is set to debut the first-ever XRP ETF in the U.S. with the launch of the Teucrium 2x XRP ETF, trading under the XXRP ticker. This fund will offer investors twice the leveraged exposure to XRP, marking a notable departure from the typical launch pattern for crypto ETFs. Unlike the usual unleveraged “spot” funds, Teucrium is introducing a leveraged product—despite regulators still withholding approval for a standard “spot” XRP ETF. The Teucrium 2x XRP ETF will begin trading on NYSE Arca on Tuesday, April 15, with a management fee of 1.85%. However, the company has cautioned that XRP’s price volatility and declining usage on the Ripple network could affect the fund’s performance. Bloomberg’s ETF analyst Eric Balchunas remarked on X, “Very odd (maybe a first) that a new asset’s first ETF is leveraged. Spot XRP still not approved, although our odds are pretty high.” Garlinghouse Confident About XRP ETF Approval Ripple CEO Brad Garlinghouse remains bullish on XRP’s future. In an interview with Bloomberg, Garlinghouse stressed that regulatory approval is crucial for XRP’s broader adoption. He expects the SEC to greenlight XRP ETFs by late 2025, citing applications from major firms like Bitwise and Franklin Templeton as evidence of growing institutional demand. “There’s a huge demand for these ETFs,” he said, noting that XRP-based investment products are already gaining traction outside the U.S. With the SEC dropping its case against Ripple, Garlinghouse believes XRP now has stronger legal standing, paving the way for increased institutional adoption.
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Tenho 2000 XRP e 1000 xml e 1000 Hbar.
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#valuta Vem pra campanha Valuta.
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#Vaulta participa do sorteio de $10.000 Vaulta ($EOS ) 🔥 Período do concurso: 2025/04/07 - 2025/05/06 Complete tarefas para ganhar sua parte do prêmio total de $10k Vaulta #Vaulta $EOS
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