Date: 2025-04-08
Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca.The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1.85% management fee and annual expense ratio, according to the company’s website. The XRP-based ETF will trade under the XXRP ticker beginning April 8."If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium 2x Long Daily XRP ETF," the alternative asset manager said.XXRP currently has $2 million worth of net assets.Details of Teucrium’s soon-to-be-launched XXRP ETF. Source: TeucriumTeucrium founder and CEO Sal Gilbertie ...
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