Teucrium首席執行官Sal Gilbertie解釋了推出2倍槓桿XRP ETF的基本原理

Teucrium首席執行官Sal Gilbertie最近對公司決定推出2倍槓桿XRP ETF的決定有了深刻的了解，理由是對XRP的實用程序和現實世界中的用例有著強烈的信念。

In a recent interview with Bloomberg, Sal Gilbertie, CEO of Teucrium Investment Management, discussed the company’s decision to launch a 2X leveraged XRP ETF, highlighting the token’s utility and real-world use case.

Teucrium Investment Management首席執行官Sal Gilbertie最近接受了彭博社的一次採訪，討論了該公司推出2倍槓桿XRP ETF的決定，重點介紹了令牌的實用程序和現實世界中的用例。

Known for rolling out the first U.S. futures ETF earlier this year, Teucrium has again made headlines with its 2X leveraged XRP ETF.

Teucrium以今年早些時候推出了美國第一個期貨ETF而聞名。

Having already obtained approval from the Securities and Exchange Commission (SEC) for a bitcoin futures ETF in 2021, Teucrium is now focusing on blockchain assets.

Teucrium已經在2021年獲得了證券交易委員會（SEC）的比特幣期貨ETF的批准後，現在正專注於區塊鏈資產。

Outlining XRP’s unique properties, Gilbertie said that the token stands out among cryptocurrencies. In his view, XRP is special not only as a tradable asset but also as a token with a defined role and the support of a serious development team.

吉爾伯蒂（Gilbertie）概述了XRP獨特的屬性，表示代幣在加密貨幣中脫穎而出。他認為，XRP不僅是可交易資產的特殊之處，而且是具有明確角色和認真開發團隊的支持的令牌。

“We chose XRP because we believe it’s the coin with the most utility. It’s not just speculation; it facilitates real transactions. Ripple is a team of true professionals,” Gilbertie stated.

吉爾伯蒂說：“我們之所以選擇XRP，是因為我們認為這是最有用的硬幣。這不僅是猜測；它促進了真正的交易。Ripple是一個真正的專業人士團隊。”

He further explained that XRP is a practical tool for transferring value, in contrast to other tokens which have been criticized for their purely speculative nature.

他進一步解釋說，XRP是轉移價值的實用工具，而其他代幣則因其純粹的投機性而受到批評。

“Bitcoin is a store of value, and that’s valid. But XRP has a real use case.”

“比特幣是一個價值存儲，這是有效的。但是XRP具有真實的用例。”

When asked about the demand for the product, Gilbertie highlighted the interest from investors, considering there are over six million XRP wallets. He added that the firm is offering a new way for investors to engage with XRP.

當被問及對產品的需求時，吉爾伯蒂強調了投資者的興趣，考慮到有超過600萬個XRP錢包。他補充說，該公司正在為投資者提供與XRP互動的新方式。

While acknowledging the risks associated with leveraged products, Gilbertie emphasized that the ETF is designed for sophisticated retail and professional traders who are aware of the heightened risk profile.

吉爾伯蒂（Gilbertie）在承認與槓桿產品相關的風險時強調，ETF專為意識到風險增加的精緻零售和專業貿易商而設計。

Beyond trading, Gilbertie believes that XRP and Ripple are setting the stage for broader financial transformation. He hinted at Ripple’s plans to “tokenize everything.”

除了交易之外，吉爾伯蒂（Gilbertie）認為，XRP和Ripple正在為更廣泛的財務轉型奠定基礎。他暗示了Ripple的計劃“將所有內容都歸功”。

Moreover, he mentioned Ripple’s recent acquisition of Hidden Road, a broker-dealer and clearing member, as a significant step toward integrating traditional finance with decentralized finance (DeFi).

此外，他提到了Ripple最近收購了一名經紀交易商和清算成員Hidden Road的收購，這是將傳統財務與分散財務融合（DEFI）邁出的重要一步。

In Gilbertie’s vision, the future will see traditional financial infrastructure converge with decentralized systems, rendering the present system more efficient. However, he cautions that this transition will take time.

在吉爾伯蒂（Gilbertie）的願景中，未來將使傳統的金融基礎設施與分散系統匯聚在一起，從而使當前系統更加有效。但是，他警告說，這種過渡將需要時間。

Meanwhile, the host of the interview noted how surprising it is that Teucrium secured approval for the XRP ETF, especially considering that such a product would have been nearly impossible to launch just a year ago.

同時，訪談的主持人指出，Teucrium獲得了XRP ETF的批准是多麼令人驚訝，尤其是考慮到一年前幾乎不可能推出這種產品。

According to Gilbertie, this shift is due to new leadership at the SEC. He stated that the old SEC leadership was an obstacle to crypto innovation, but the current leadership appears more open-minded.

吉爾伯蒂（Gilbertie）認為，這種轉變歸功於SEC的新領導。他說，舊的SEC領導層是加密創新的障礙，但目前的領導人似乎更加開放。

“The old SEC leadership was a blocker to crypto innovation. But the current SEC appears more open-minded,” he said.

他說：“舊的SEC領導層是加密創新的阻礙者。但是當前的SEC似乎更加開放。”

According to Gilbertie, Teucrium applied for approval during a transitional period at the SEC, which made a difference in their interactions with the staff.

根據吉爾伯蒂（Gilbertie）的說法，Teucrium在SEC的過渡期內申請了批准，這改變了他們與員工的互動。

“We applied for the product last year during a transitional period at the SEC, and we had a great time working with the staff. It’s really the leadership that makes the difference,” he added.

他補充說：“我們去年在SEC的過渡期內申請了該產品，我們與員工合作度過了愉快的時光。實際上，領導才能有所作為。”

After successfully launching the leveraged XRP ETF, which notably achieved a first-day turnover of over $5.3 million despite the bearish market conditions, Teucrium is already looking ahead.

在成功推出了槓桿XRP ETF之後，儘管看跌市場狀況，但尤其是超過530萬美元的營業額，Teucrium已經在展望。

Now, the CEO revealed that the company has filed for an inverse product and is interested to see if there will be any interest from investors in such a product.

現在，首席執行官透露，該公司已申請了一種反產品，並有興趣查看投資者對這種產品是否有興趣。

“We don’t launch funds unless we truly believe in the asset. We believe in XRP. Its use case is proven—it just needs to expand,” Gilbertie concluded.

吉爾伯蒂總結說：“除非我們真正相信資產，否則我們不會推出資金。我們相信XRP。它的用例已被證明 - 只需要擴展。”