First XRP ETF in the US launched, providing new investment opportunities!

Updated

April 9, 2025

Gambar First XRP ETF in the US launched, providing new investment opportunities!

Jakarta, Pintu News – The first XRP ETF in the United States will be launched by Teucrium Investment Advisors. The new product, named Teucrium 2x Long Daily XRP ETF (XXRP), offers double-leveraged exposure to the Ripple token and will begin trading on NYSE Arca on Tuesday. This launch comes even before the standardized “spot” XRP ETF gets approval from regulators.

Debut of Leveraged ETFs: A Bold First Step

Teucrium Investment Advisors took a big step by launching a leveraged ETF as the first XRP product in the United States market. This decision is considered unusual as most ETF products involving new assets start with an unlevered “spot” version. This product will provide an opportunity for investors to make multiple gains from the daily price movements of Ripple (XRP).

The management fee charged by Teucrium is 1.85%. Despite offering high potential returns, Teucrium also warns about Ripple (XRP) price volatility and declining utilization in the Ripple network that could affect the fund’s performance. Investors are advised to consider these risks before investing.

Also Read: Bitcoin (BTC) is recovering, but big hurdles still loom in April 2025

Ripple Legal Resolution Paves the Way for ETFs

The successful legal resolution regarding Ripple (XRP) has given a boost to ETF momentum. Currently, there are several applications for “spot” XRP ETFs that are still under review by the SEC. Major fund managers such as WisdomTree, Bitwise, 21Shares, Canary Capital, and Franklin Templeton have submitted proposals to bring unlevered XRP ETFs to the market.

A decision from the SEC expected in the coming months will determine the further course of XRP investment products. If approved, this will open up more options for investors to invest in Ripple (XRP), which has shown a 6.5% rise in the last 24 hours.

Crypto Market and XRP Investment Outlook

The launch of this ETF comes at a good time when the crypto market is generally showing positive movement. Ripple (XRP) itself has shown significant gains, which has caught the attention of investors. This leveraged ETF provides a unique opportunity for investors to capitalize on the daily price fluctuations of Ripple (XRP) in a more intense way.

In addition, with these leveraged products, more experienced investors have the opportunity to optimize their investment strategies in crypto. However, it is important to remember that leveraged products carry higher risks compared to traditional “spot” products.

Conclusion

The launch of a leveraged XRP ETF by Teucrium marks a new chapter in crypto investment in the United States. Despite the challenges and risks, the boldness in launching this innovative product could pave the way for more such products in the future. Investors are advised to conduct thorough research and considerations before getting involved in these complex financial products.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.