The post XRP Army Praised by Teucrium for ‘Extraordinary’ Success of Firm’s Leveraged XRP ETF appeared on BitcoinEthereumNews.com. Investor demand for XRP is “enormous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for rapid traction and calling the fund his firm’s most successful launch to date. Gilbertie said inflows reached “hundreds of millions” in roughly 16 weeks and described the response as “extraordinary.” While he’s an XRP enthusiast, he argued the bigger opportunity for investors may be backing companies that adopt blockchain rather than trying to guess the next winning coin, likening today’s backdrop to the internet’s build-out in the 1990s. Asked whether an ETF boom is coming across the crypto ecosystem, he answered there is “no question.” Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025 and listed on NYSE Arca, is designed to deliver twice the token’s daily move without holding XRP directly. According to fund materials, the strategy primarily uses total return swaps with major financial institutions and may employ cash-settled XRP futures to reach its 2x daily objective before fees and expenses. The design is explicitly daily and not intended to achieve its stated multiple over multi-day periods. Fund disclosures caution that compounding and volatility can cause multi-day returns to differ — sometimes sharply — from 2x XRP, and the product can lose money even when XRP is flat or rising over longer spans; additional risks include leverage, tracking and correlation slippage, counterparty exposure on swaps, liquidity factors, and typical ETF trading frictions such as premiums, discounts and wider bid-ask spreads. According to CoinDesk Data, at 12:55 p.m. London time on Oct. 26, 2025, XRP traded at $2.64, up 2.2% over 24 hours and 26% year to date (YTD). Per data from Yahoo Finance, Teucrium 2x Long Daily XRP ETF (XXRP) finished Friday’s regular session at $22.90, up 7.06% on… The post XRP Army Praised by Teucrium for ‘Extraordinary’ Success of Firm’s Leveraged XRP ETF appeared on BitcoinEthereumNews.com. Investor demand for XRP is “enormous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for rapid traction and calling the fund his firm’s most successful launch to date. Gilbertie said inflows reached “hundreds of millions” in roughly 16 weeks and described the response as “extraordinary.” While he’s an XRP enthusiast, he argued the bigger opportunity for investors may be backing companies that adopt blockchain rather than trying to guess the next winning coin, likening today’s backdrop to the internet’s build-out in the 1990s. Asked whether an ETF boom is coming across the crypto ecosystem, he answered there is “no question.” Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025 and listed on NYSE Arca, is designed to deliver twice the token’s daily move without holding XRP directly. According to fund materials, the strategy primarily uses total return swaps with major financial institutions and may employ cash-settled XRP futures to reach its 2x daily objective before fees and expenses. The design is explicitly daily and not intended to achieve its stated multiple over multi-day periods. Fund disclosures caution that compounding and volatility can cause multi-day returns to differ — sometimes sharply — from 2x XRP, and the product can lose money even when XRP is flat or rising over longer spans; additional risks include leverage, tracking and correlation slippage, counterparty exposure on swaps, liquidity factors, and typical ETF trading frictions such as premiums, discounts and wider bid-ask spreads. According to CoinDesk Data, at 12:55 p.m. London time on Oct. 26, 2025, XRP traded at $2.64, up 2.2% over 24 hours and 26% year to date (YTD). Per data from Yahoo Finance, Teucrium 2x Long Daily XRP ETF (XXRP) finished Friday’s regular session at $22.90, up 7.06% on…

XRP Army Praised by Teucrium for ‘Extraordinary’ Success of Firm’s Leveraged XRP ETF

Investor demand for XRP is “enormous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for rapid traction and calling the fund his firm’s most successful launch to date.

Gilbertie said inflows reached “hundreds of millions” in roughly 16 weeks and described the response as “extraordinary.” While he’s an XRP enthusiast, he argued the bigger opportunity for investors may be backing companies that adopt blockchain rather than trying to guess the next winning coin, likening today’s backdrop to the internet’s build-out in the 1990s. Asked whether an ETF boom is coming across the crypto ecosystem, he answered there is “no question.”

Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025 and listed on NYSE Arca, is designed to deliver twice the token’s daily move without holding XRP directly. According to fund materials, the strategy primarily uses total return swaps with major financial institutions and may employ cash-settled XRP futures to reach its 2x daily objective before fees and expenses. The design is explicitly daily and not intended to achieve its stated multiple over multi-day periods.

Fund disclosures caution that compounding and volatility can cause multi-day returns to differ — sometimes sharply — from 2x XRP, and the product can lose money even when XRP is flat or rising over longer spans; additional risks include leverage, tracking and correlation slippage, counterparty exposure on swaps, liquidity factors, and typical ETF trading frictions such as premiums, discounts and wider bid-ask spreads.

According to CoinDesk Data, at 12:55 p.m. London time on Oct. 26, 2025, XRP traded at $2.64, up 2.2% over 24 hours and 26% year to date (YTD). Per data from Yahoo Finance, Teucrium 2x Long Daily XRP ETF (XXRP) finished Friday’s regular session at $22.90, up 7.06% on the day, and down 15.03% YTD.

Source: https://www.coindesk.com/markets/2025/10/26/teucrium-ceo-enormous-interest-in-xrp-extraordinary-success-for-firm-s-xrp-etf

Market Opportunity
XRP Logo
XRP Price(XRP)
$2.0722
$2.0722$2.0722
+1.94%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

PANews reported on January 17 that Trust Wallet issued a security warning on its X platform, stating that it will never ask users for their mnemonic phrases or
Share
PANews2026/01/17 21:10
Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

The global crypto market cap rose 2% to $4.2 trillion on Thursday, lifted by Bitcoin’s steady climb toward $118,000 after the Fed delivered its first interest rate cut of the year. Gains were measured, however, as investors weighed the central bank’s cautious tone on future policy moves. Bitcoin last traded 1% higher at $117,426. Ether rose 2.8% to $4,609. XRP also gained, rising 2.9% to $3.10. Fed Chair Jerome Powell described Wednesday’s quarter-point reduction as a risk-management step, stressing that policymakers were in no hurry to speed up the easing cycle. His comments dampened expectations of more aggressive cuts, limiting enthusiasm across risk assets. Traders Anticipated Fed Rate Trim, Leaving Little Room for Surprise Rally The Federal Open Market Committee voted 11-to-1 to lower the benchmark lending rate to a range of 4.00% to 4.25%. The sole dissent came from newly appointed governor Stephen Miran, who pushed for a half-point cut. Traders were largely prepared for the move. Futures markets tracked by the CME FedWatch tool had assigned a 96% probability to a 25 basis point cut, making the decision widely anticipated. That advance positioning meant much of the potential boost was already priced in, creating what analysts described as a “buy the rumour, sell the news” environment. Fed Rate Decision Creates Conditions for Crypto, But Traders Still Hold Back Andrew Forson, president of DeFi Technologies, said lower borrowing costs would eventually steer more money toward digital assets. “A lower cost of capital indicates more capital flows into the digital assets space because the risk hurdle rate for money is lower,” he noted. He added that staking products and blockchain projects could become attractive alternatives to traditional bonds, offering both yield and appreciation. Despite the cut, crypto markets remained calm. Open interest in Bitcoin futures held steady and no major liquidation cascades followed the Fed’s decision. Analysts pointed to Powell’s language and upcoming economic data as the key factors for traders before building larger positions. Powell’s Caution Tempers Immediate Impact of Fed Rate Move on Crypto Markets History also suggests crypto rallies after rate cuts often take time. When the Fed eased in Dec. 2024, Bitcoin briefly surged 5% cent before consolidating, with sustained gains arriving only weeks later. This time, market watchers are bracing for a similar pattern. Powell’s insistence on caution, combined with uncertainty around inflation and growth, has kept short-term volatility muted even as sentiment for risk assets improves. BitMine’s Tom Lee this week predicted that Bitcoin and Ether could deliver “monster gains” in the next three months if the Fed continues on an easing path. His view echoes broader expectations that liquidity-sensitive assets will outperform once the cycle gathers pace. For now, the crypto sector has digested the Fed’s move with restraint. Traders remain focused on signals from the central bank’s October meeting to determine whether Wednesday’s step marks the beginning of a broader policy shift or just a one-off adjustment
Share
CryptoNews2025/09/18 13:14
Trust Wallet Alerts Users After Security Incident

Trust Wallet Alerts Users After Security Incident

The post Trust Wallet Alerts Users After Security Incident appeared on BitcoinEthereumNews.com. Key Points: Trust Wallet issues alert after $7 million theft from
Share
BitcoinEthereumNews2026/01/17 21:43