Teucrium Investment Advisors has launched the first-ever XRP-based Exchange-Traded Fund (ETF) in the United States. The Teucrium 2x Long Daily XRP ETF (ticker: XXRP) began trading on the NYSE Arca exchange on April 8, 2025. This is significant because it is the first ETF in the U.S. that is tied to XRP.
The XXRP ETF is a 2x leveraged fund, which means it tries to double the daily price movement of XRP. This can lead to higher gains, but it also comes with bigger risks due to XRP’s price volatility. Other firms like Bitwise, WisdomTree, and Franklin Templeton are also working on XRP-related ETFs, but their filings are still under review by the U.S. Securities and Exchange Commission (SEC).
On the day the ETF launched, the price of XRP experienced significant movement. It briefly increased by 6% to just under $2 before losing those gains.
Teucrium’s XXRP ETF is part of a larger trend where more investors are seeking ways to gain exposure to cryptocurrencies like XRP without actually purchasing and managing the coins themselves. Cryptocurrencies are still relatively new to the ETF world, and XXRP provides a new investment option for those interested in the digital asset market.
As the first leveraged XRP ETF in the U.S., XXRP is setting a new standard. The coming months will show how well it performs, taking into account XRP’s price volatility and the regulatory challenges that lie ahead.
If you manage your own investments, you can buy Teucrium’s ETFs through your broker’s website. Many popular brokerage platforms, such as Ally Invest, Charles Schwab, eTrade, Fidelity, Interactive Brokers, Robinhood, SoFi Invest, and Vanguard, allow you to invest in these funds.
Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.
