The Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, has garnered attention for its strong early performance, boosted by rising optimism in the cryptocurrency sector and growing speculation that the U.S. Securities and Exchange Commission (SEC) may approve a spot XRP ETF.
As part of a broader rally in digital assets, XRP has gained traction, and XXRP—designed to deliver two times the daily exposure to XRP's price movements—has risen 9.7% over the past week of trading.
With crypto prices rebounding amid renewed institutional interest and a shifting regulatory tone, some investors have turned to XXRP as a high-risk, high-reward play on XRP’s future.
Like all leveraged ETFs, XXRP comes with significant market and compounding risk. In this spotlight article, we’ll cover what XRP is, how the XXRP ETF works, the pros and cons of investing in it, and provide an outlook for XRP in 2025.
