Teucrium CEO Highlights Extraordinary Success of XRP ETF
Sal Gilbertie, the President and CEO of Teucrium Trading, noted an unprecedented investor demand for XRP since the launch of their leveraged ETF, which has attracted hundreds of millions of dollars in inflows within just 16 weeks. He praised the XRP Army for the rapid traction gained and emphasized the importance of investing in blockchain-adopting companies as possibly more beneficial than speculating on cryptocurrencies themselves. Gilbertie predicted an upcoming wave of crypto ETFs, akin to the internet boom in the 1990s, suggesting significant adoption is on the horizon. Teucrium's 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025, aims to double the daily movements of XRP without holding the asset directly. While the strategy mainly utilizes total return swaps, it carries inherent risks, including volatility and leverage issues. As of October 26, 2025, XRP stands at $2.64 per token, showing a notable increase for the year, reflecting overall positive sentiment in the market.
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