Teucrium Investment Advisors LLC has launched a 2X leveraged XRP exchange-traded fund (ETF), citing the token’s real-world utility and use cases as key factors in its decision. CEO Sal Gilbertie explained that while other cryptocurrencies focus on speculation, XRP facilitates cross-border transactions with a strong foundation from Ripple’s professional team. This stance has been underscored by the ETF’s initial success: exceeding expectations even during a bearish market. 2X leveraged products provide amplified exposure to daily price action without margin requirements, attracting sophisticated traders seeking greater control and potential profits. Teucrium acknowledges XRP’s active role in bridging traditional finance with decentralized systems as key for its long-term value proposition.