In accordance with Coindesk, Teucrium Trading CEO Sal Gilbertie praised the 'XRP Army' for the rapid success of the firm’s 2x Long Daily XRP ETF (XXRP), which has seen inflows reach 'hundreds of millions' in about 16 weeks. The ETF, launched on April 8, 2025, and listed on NYSE Arca, aims to deliver twice the daily performance of XRP without holding the token directly. The fund primarily uses total return swaps and may employ cash-settled XRP futures to meet its objective. Fund disclosures highlight risks including leverage, volatility, and counterparty exposure. As of October 26, 2025, XRP traded at $2.64, up 2.2% in 24 hours, while the XXRP ETF closed at $22.90, up 7.06% on the day but down 15.03% year to date.
Teucrium CEO Hails XRP ETF Success, Calls Inflows 'Extraordinary'
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