{"id":21089,"date":"2025-04-08T12:02:40","date_gmt":"2025-04-08T12:02:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21089"},"modified":"2025-04-08T12:02:40","modified_gmt":"2025-04-08T12:02:40","slug":"asset-manager-teucrium-to-launch-first-leveraged-xrp-etf-in-us","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21089","title":{"rendered":"Asset Manager Teucrium To Launch First Leveraged XRP ETF In US"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Teucrium Investment Advisors is preparing to launch the first-ever leveraged exchange-traded fund (ETF) based on XRP in the United States. The new product, named the Teucrium 2x Long Daily XRP ETF, is set to debut on the NYSE Arca exchange under the ticker XXRP on April 8.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The fund is designed to provide investors with twice the daily return of the XRP token and comes with a 1.85% management fee and annual expense ratio, according to the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/teucrium.com\/etfs\/XXRP\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">firm\u2019s official website<\/span><\/a><span data-preserver-spaces=\"true\">. XXRP currently holds approximately $2 million in net assets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Teucrium describes the product as suitable for those with a short-term, high-conviction outlook on XRP prices, positioning it as a tactical option during periods of market volatility.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">XRP ETF Launch Coincides with Global Market Slump Driven by Trump\u2019s Tariffs<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The launch comes amid a broader downturn in global markets, <\/span><span data-preserver-spaces=\"true\">largely triggered<\/span><span data-preserver-spaces=\"true\"> by new tariffs introduced by U.S. President Donald Trump. \u201cWhat better time to launch a product than when prices are low?\u201d said Teucrium CEO Sal Gilbertie in comments to <\/span><em><span data-preserver-spaces=\"true\">Bloomberg<\/span><\/em><span data-preserver-spaces=\"true\"> on April 7.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gilbertie also hinted that Teucrium may file additional applications to launch crypto-related ETFs <\/span><span data-preserver-spaces=\"true\">in the future<\/span><span data-preserver-spaces=\"true\">, citing growing investor demand for diversified digital asset products.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The move is notable as it marks the first XRP-based ETF in the U.S., and uniquely, it debuts in a leveraged form. Bloomberg ETF analyst Eric Balchunas called the move \u201cvery odd,\u201d but acknowledged that a spot XRP ETF approval is increasingly likely. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Balchunas and fellow Bloomberg analyst James Seyffart, there is a 65% chance of SEC approval for a spot XRP ETF in 2025. Polymarket odds are even higher, putting the probability at 75%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A 2x XRP ETF is launching tmrw in US, the first-ever XRP ETF on the market. Very odd (maybe a first) that a new asset\u2019s first ETF is leveraged. Spot XRP still not approved, altho our odds are pretty high. Story via \u2066\u2066<a href=\"https:\/\/twitter.com\/isabelletanlee?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@isabelletanlee<\/a>\u2069 <a href=\"https:\/\/t.co\/Eg4Wq5Y1Qi\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Eg4Wq5Y1Qi<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1909364066088263883?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">A number of<\/span> <span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> asset managers\u2014including Grayscale, Bitwise, 21Shares, Franklin Templeton, and Canary Capital\u2014currently have spot XRP ETF applications pending with the U.S. Securities and Exchange Commission.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">XRP Regulatory Outlook Improves As Ripple\u2019s SEC Battle Reaches Conclusion<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The regulatory environment has shifted in recent months, following the conclusion of Ripple Labs\u2019 lengthy legal battle with the SEC over the classification of XRP as a security. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">That case, which spanned four years, was resolved last month, clearing the way for ETF issuers to pursue XRP-based products more confidently.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Founded in 2010, Teucrium manages over $310 million in assets and is best known for its ETFs focused on agricultural commodities such as corn, soybeans, sugar, and wheat.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, there has been a wave of altcoin ETF filings after\u00a0Trump\u2019s\u00a0election victory and the subsequent resignation of former SEC Chair Gary Gensler.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gensler, known for his aggressive regulatory approach toward crypto, oversaw more than 100 enforcement actions during his tenure before stepping down on January 20.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Since his departure, several firms previously targeted by the SEC have seen legal actions dismissed, including crypto exchange Gemini on February 26 and trading firm Cumberland DRW on March 4.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Meme Coin ICOs to Invest in April 2025<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Teucrium is launching the first leveraged XRP ETF in the U.S., set to trade under the ticker XXRP on April 8.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The ETF aims to deliver 2x daily returns on XRP and debuts amid market volatility fueled by Trump\u2019s new tariffs.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Ripple\u2019s resolved legal battle with the SEC is boosting optimism for spot XRP ETF approvals, with multiple filings now under review.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/asset-manager-teucrium-to-launch-first-leveraged-xrp-etf-in-us\/\">Asset Manager Teucrium To Launch First Leveraged XRP ETF In US<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Teucrium Investment Advisors is preparing to launch the first-ever leveraged exchange-traded fund (ETF) based on XRP in the United States. The new product, named the Teucrium 2x Long Daily XRP ETF, is set to debut on the NYSE Arca exchange under the ticker XXRP on April 8. The fund is designed to provide investors with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21089","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21089"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21089\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}