2X Long Daily XRP ETF Aims to Give Investors Double the Daily Performance of XRP

Slated to go live today, the 2X Long Daily XRP ETF aims to give investors double the daily performance of XRP. This opens the door for more exposure to one of crypto's biggest names.

Teucrium’s 2X Long Daily XRP ETF has officially launched today, offering investors double the daily performance of XRP. This provides an opportunity for traders to gain more exposure to one of the biggest names in crypto.

This isn’t Teucrium’s first rodeo. The firm, well-known for its commodity-focused ETFs, is venturing into the digital asset realm.

This XRP ETF is a milestone for fans of XRP to invest in blockchain assets in another way.

XRP ETF Brings 2X Leverage and Wall Street Attention

The 2X leverage means the fund will aim to deliver twice the daily gains (or losses) of XRP. This is significant for traders seeking leveraged exposure and who can stomach the volatility.

The ETF is not suitable for beginners as it comes with high risks. It’s crucial to understand the implications of leveraged products.

For XRP, the ETF could be a turning point. After years of legal battles with the SEC, the token is getting some love. A U.S.-based ETF signals confidence in XRP’s place in the regulated financial landscape and could lead to more products tied to it in the future.

Double Your Exposure to #XRP– Explore XXRP Now

XXRP seeks 2x daily exposure to XRP. Explore to see if leveraged trading fits your strategy.https://t.co/BCMVD0E8Nm pic.twitter.com/m8pJ8XPNq

— Teucrium ETFs (@TeucriumETFs) April 8, 2025

The launch also highlights the push to bring crypto closer to Wall Street. With increasing interest from retail and institutional investors, merging traditional finance with crypto is becoming a reality.

The post Teucrium’s 2X Long Daily XRP ETF Starts Trading Today appeared first on Altcoin Buzz.

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