Teucrium Unveils First Leveraged XRP ETF on the NYSE

Teucrium has entered the US market with its first-ever leveraged XRP exchange-traded fund (ETF), offering 2x daily returns based on XRP’s price performance. Listed under the ticker XXRP, the ETF employs multiple benchmarks including European XRP ETPs and the CME CF XRP-Dollar Reference Rate to track the asset. This launch follows Ripple’s $50 million settlement with the SEC, providing optimism for future spot XRP ETF approvals in the US.