The CEO of Teucrium talks about the first XRP ETF in the U.S. and the practical value of XRP
Sal Gilbertie, founder and CEO of Teucrium, spoke about Bitcoin ($BTC) and XRP. On April 8, Teucrium launched the first 2x leveraged ETF on $XRP on NYSE Arca, aimed at providing ETF investors with greater daily exposure to the volatility of $XRP and paving the way for the approval of spot XRP ETFs. Gilbertie emphasized that $XRP is the most practical cryptocurrency, has unique value, and strong backing in its development, making it suitable for short-term investors betting on intraday price fluctuations. Compared to Bitcoin, $XRP is seen as a practical tool for value transfer, while Bitcoin is viewed as a store of value. Gilbertie also stated that $XRP and Ripple are driving broader financial transformation, committed to "tokenizing everything." This content does not constitute investment advice.