First leveraged XRP ETF in the US surpasses $300 million in net inflows

The Teucrium 2x Long Daily XRP ETF (XXRP) recorded $323.6 million in net inflows this past week, becoming the first XRP ETF in the US to exceed the $300 million mark.

XXRP now accounts for 52.5% of the total $616 million in net inflows from all XRP ETFs traded in the US, even though all products remain derivative-based as the SEC has yet to approve spot offerings.

Last week, XRP ETPs attracted $189 million in inflows, with XXRP contributing $73.4 million — a 22.7% increase from the previous week.

Launched on April 8, XXRP currently leads the four XRP ETFs traded in the US, which include XRPI and XRPT from Volatility Shares and UXRP from ProShares.

Global net inflows into XRP products have now reached $721 million, still lower than the $844 million recorded by Solana ETPs.