Teucrium has launched the first leveraged XRP ETF in the US, aiming to deliver double daily returns for investors through swap agreements. This move could signify the growing acceptance of crypto derivatives in mainstream finance.
The ETF debuted with an impressive $5 million trading volume, signaling increased investor interest in crypto products. CEO Sal Gilbertie highlighted that this leveraged strategy allows investors to capitalize on XRP's volatility within a familiar ETF structure.
The launch may enhance XRP's visibility, attracting institutional investors and contributing to the development of crypto-asset ETFs.
Full story here: https://coincu.com/334712-teucrium-launches-leveraged-xrp-etf
