Teucrium Investment Advisors launched the very first Fund exchanged on XRP (ETF) in the United States. The ETF XRP daily Téucrium 2x long (Ticker: XXRP) began to negotiate on the NYSE Arca exchange on April 8, 2025. This marks an important moment because it is the first ETF in the United States linked to XRP.
The XXRP ETF is a 2x lever fund, which means that it tries to double the daily price movement of XRP. This can lead to higher gains but also greater risks because XRP is known for its price volatility. The launch of this leverage FNB is interested in the interest in FNB based on cryptocurrencies, with other companies like Bitwise, Wisdomtree and Franklin Templeton also working on ETFs linked to XRP. However, their deposits are still being examined by the Securities and Exchange Commission (SEC) of the United States.
The day the ETF was launched, the price of XRP has evolved a lot. He briefly increased by 6% to just under $ 2 before removing these earnings.
A new era of FNB linked to crypto
Teucrium XXRP is part of a broader trend where more investors are looking for ways to expose themselves to cryptocurrencies like XRP without buying and managing the parts themselves. Cryptocurrencies are still new in the ETF and XXRP world offers a new investment option for people interested in the digital asset market.
As the first lever effect in the United States, XXRP establishes a new standard. The coming months reveal how it works, in particular with the volatility of XRP prices and upcoming regulatory challenges.
How to invest
If you manage your own investments, you can buy Teucrium FNB via your broker’s website. Many popular brokerage platforms allow you to invest in these funds. Some of the most common are Ally Invest, Charles Schwab, Etrade, Fidelity, Interactive Brokers, Robinhood, Sofi Invest and Vanguard.
