Teucrium Investment Advisors is launching the first-ever XRP ETF in the U.S. today, April 8, 2025, on the NYSE Arca exchange. The ETF, ticker XXRP, offers 2x leveraged exposure, meaning it aims to deliver twice the daily price performance of XRP through the use of swap agreements. This marks a significant milestone as it’s the first XRP-based ETF in the U.S., notably debuting as a leveraged product before any standard spot XRP ETF has been approved. It comes with a management fee of 1.85% and is tailored for short-term traders seeking amplified returns, though it carries heightened risk due to its leverage and XRP’s volatility.
