🚨 The first XRP ETF in the USA — and it comes with leverage!
Teucrium launches 2x Long XRP ETF (XXRP) — the first-ever ETF on Ripple in the USA, and it comes with double leverage 😮
📍 Trading starts on Tuesday on NYSE Arca
⚠️ A regular spot ETF on XRP is still not approved
Bloomberg analysts are surprised: usually, everything starts with 'spot', not with leverage
💼 Management fee — 1.85%
📉 Volatility + decreased activity on the Ripple network = risks
🔥 Interest in XRP ETF is growing: applications have already been submitted by WisdomTree, Bitwise, 21Shares, and even Franklin Templeton
XRP up 6.5% in a day 🚀
