Teucrium Launches First Leveraged XRP ETF in US After SEC Approval

Teucrium Investment Advisors LLC has achieved a significant milestone, launching the first-ever leveraged XRP exchange-traded fund (ETF) in the U.S. following approval by the Securities and Exchange Commission (SEC). The fund, named the Teucrium 2x Long Daily XRP ETF, will debut on NYSE Arca under the ticker symbol XXRP on April 8th. The ETF aims to deliver twice the daily return of XRP by utilizing swap agreements.