#XRPETF After the approval of Bitcoin (BTC) and Ethereum (ETH) spot ETFs last year in the United States, the market is now anticipating new funds for other cryptocurrencies. While applications are pouring in from asset managers, Ripple's XRP has just reached a new milestone.

Indeed, the issuer Teucrium has succeeded in getting the 2x Long Daily XRP ETF (XXRP) validated. As its name suggests, this is a leveraged product on XRP, invested in the upward direction and replicating 2 times its performance. It should be noted that this is not a spot ETF, and these are still awaiting approval.