XRP ETF Fuels Interest: Teucrium CEO Argues XRP is ‘Most Useful’ Crypto Asset

Teucrium’s launch of the first XRP exchange-traded fund (ETF) has spurred strong investor interest, securing over $5.3 million on day one despite volatile market conditions. CEO Sal Gilbertie highlighted XRP’s practical applications and the experience of Ripple Labs as key factors in its appeal, positioning it as a more than speculative cryptocurrency asset. The launch of this first-ever XRP ETF has placed the cryptocurrency under increased scrutiny as investors eagerly seek a stable and reliable investment option within the burgeoning crypto sector.