NYSE Arca Approves Teucrium’s XRP 2X ETF!

Jakarta, Pintu News – Global financial markets breathed fresh air with NYSE Arca’s approval of Teucrium’s 2X leveraged XRP ETF. This move marks a new era in integrating crypto-based investment products into the conventional financial system.

This ETF, part of the Listed Funds Trust, offers investors the opportunity to gain double exposure to Ripple (XRP) on a daily basis. This innovative investment product has increased confidence in the future of Ripple (XRP).

Check out the full information here!

XRP Leveraged ETF from Teucrium

NYSE Arca has approved the listing and registration of Teucrium’s 2X leveraged XRP ETF under the Securities Exchange Act of 1934. This product allows investors to participate more intensely in the price dynamics of Ripple (XRP).

Previously, Teucrium also received approval to launch a Bitcoin (BTC) futures ETF in 2022, and now they are expanding their scope to the Ripple (XRP) market. This move reflects the growing confidence and interest of investors in cryptocurrencies. The leveraged ETF is designed to appeal to investors seeking greater exposure to Ripple (XRP) price movements without physically owning the coins.

With these products, investors can take larger positions with the same capital, potentially leading to higher returns but also greater risk. This shows the evolution of traditional financial markets, which are increasingly open to crypto innovation.

Also read: Bitcoin whales buy like crazy while small investors sell at a loss, what happened?

Push for XRP ETFs by Asset Managers

Not only Teucrium, several other large asset managers are also working on getting approval for spot Ripple (XRP) ETFs. Franklin Templeton, for example, has filed an S-1 registration statement with the SEC for a potential Ripple (XRP) ETF. This follows their applications for Bitcoin (BTC) and Solana (SOL) ETFs.

This move shows a serious commitment to expanding crypto services to traditional investors. Speculation has also increased around BlackRock, especially after Ripple’s CEO, Brad Garlinghouse, stated that a Ripple (XRP) ETF would benefit the community greatly.

While no official partnerships have been announced yet, many in the crypto space expect more applications in the next few months. The closure of the lawsuit between Ripple and the SEC further paves the way for this greater interest.

Also read: Ripple (XRP) Predicts Tokenization Market to Reach $18.9 Trillion by 2033!

Bright Future for XRP Futures

Ripple (XRP) futures products are also increasingly gaining attention in the broader market. Coinbase Institutional, for example, has applied to the CFTC to certify a Ripple (XRP) futures contract through its derivatives arm. This contract is scheduled to launch on April 21, 2025.

This filing process allows for a faster path to market. Additionally, Bitnomial, a digital asset derivatives exchange, has launched CFTC-regulated Ripple (XRP) futures in the US. This move comes after the SEC closed its appeal against Ripple, removing regulatory barriers. Many experts believe this development marks another step in bringing Ripple (XRP) to a regulated and mainstream market.

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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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. NYSE Arca Approves Listing of Teucrium’s XRP ETF. Accessed on April 9, 2025
• Featured Image: U Today