Teucrium to Launch First-Ever XRP ETF in the U.S.

Slated to go live today, the 2X Long Daily XRP ETF aims to give investors double the daily performance of XRP. This opens the door for more exposure to one of crypto’s biggest names.

This isn’t Teucrium’s first rodeo. The firm, known for its commodity-focused ETFs, is now diving headfirst into the digital asset space. This XRP ETF marks a big milestone for XRP fans to have another way to invest in blockchain assets.

XRP ETF Brings Leverage and Wall Street Attention

The 2X leverage means the fund will seek to deliver twice the daily gains (or losses) of XRP. That’s a big deal for traders with a taste for risk and an appetite for fast-moving markets. Of course, this kind of ETF isn’t for the faint of heart—high reward comes with high risk, and investors will need to keep their eyes peeled for volatility.

For XRP, this ETF could be a turning point. After years of legal tug-of-war with the SEC, the token is getting a moment in the sun. A U.S.-based ETF signals growing confidence in XRP’s place in the regulated financial landscape and could pave the way for even more products tied to it in the future.

The launch also shines a spotlight on the ongoing push to bring crypto closer to Wall Street. With growing interest from both retail and institutional investors, bridging the gap between traditional finance and crypto is no longer just a pipe dream—it’s happening right before our eyes.

More About XRP ETFs

As of April 8, 2025, 11 asset managers have filed XRP ETFs with the SEC, indicating rising institutional interest in XRP. These include Bitwise, Canary Capital, 21Shares, WisdomTree, ProShares, Grayscale, CoinShares, Volatility Shares, Franklin Templeton, Hashdex, and Teucrium, with assets under management (AUM) ranging from $40B to $320M.

WisdomTree leads with $113B, followed by 21Shares at $7B. Bitwise, CoinShares, and Volatility Shares each manage $5B, while Franklin Templeton’s ETF holds $15T. Teucrium’s 2x Long Daily XRP ETF has $320M, reflecting diverse XRP investment options.

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