{"id":22808,"date":"2025-04-08T11:39:40","date_gmt":"2025-04-08T08:39:40","guid":{"rendered":"https:\/\/forklog.com\/en\/first-xrp-etf-to-launch-in-the-united-states\/"},"modified":"2025-04-08T11:39:40","modified_gmt":"2025-04-08T08:39:40","slug":"first-xrp-etf-to-launch-in-the-united-states","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/first-xrp-etf-to-launch-in-the-united-states\/","title":{"rendered":"First XRP-ETF to Launch in the United States"},"content":{"rendered":"<p>Alternative asset manager Teucrium Investment Advisors is set to introduce the first exchange-traded fund (ETF) in the United States based on Ripple&#8217;s XRP token.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Seeking amplified exposure to <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&#038;ref_src=twsrc%5Etfw\">#XRP<\/a>? <a href=\"https:\/\/twitter.com\/search?q=%24XXRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XXRP<\/a> offers 2x daily leverage for traders focused on short-term moves.<a href=\"https:\/\/t.co\/BCMVD0E8Nm\">https:\/\/t.co\/BCMVD0E8Nm<\/a> <a href=\"https:\/\/t.co\/9TIALnBxuQ\">pic.twitter.com\/9TIALnBxuQ<\/a><\/p>\n<p>\u2014 Teucrium ETFs (@TeucriumETFs) <a href=\"https:\/\/twitter.com\/TeucriumETFs\/status\/1909456168998543838?ref_src=twsrc%5Etfw\">April 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trading of the Teucrium 2x Long Daily XRP ETF (ticker: XXRP) will commence on April 8 at the NYSE Arca exchange. The initial offering will introduce 80,001 shares to the market.<\/p>\n<p>According to the description, the fund &#8220;seeks daily investment results that correspond to twice (2x) the daily price performance of XRP.&#8221; <\/p>\n<p>Leveraging allows investors to access the asset with less capital expenditure and amplifies the impact of daily price fluctuations of the token, effectively doubling market exposure.<\/p>\n<p>Bloomberg analyst Eric Balchunas described the move as &#8220;very odd.&#8221; He confirmed that XXRP is the first XRP-based ETF in the U.S.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">A 2x XRP ETF is launching tmrw in US, the first-ever XRP ETF on the market. Very odd (maybe a first) that a new asset\u2019s first ETF is leveraged. Spot XRP still not approved, altho our odds are pretty high. Story via \u2066\u2066<a href=\"https:\/\/twitter.com\/isabelletanlee?ref_src=twsrc%5Etfw\">@isabelletanlee<\/a>\u2069 <a href=\"https:\/\/t.co\/Eg4Wq5Y1Qi\">pic.twitter.com\/Eg4Wq5Y1Qi<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1909364066088263883?ref_src=twsrc%5Etfw\">April 7, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Spot XRP funds are still not approved, although the odds are <a href=\"https:\/\/u1f987.com\/en\/news\/experts-see-high-chances-for-approval-of-etfs-based-on-ltc-sol-xrp-and-doge\">pretty high<\/a>,&#8221; noted Balchunas.<\/p>\n<\/blockquote>\n<p>As reported, the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> is reviewing applications for similar XRP-ETFs from <a href=\"https:\/\/u1f987.com\/en\/news\/21shares-seeks-sec-approval-for-spot-xrp-etf\">21Shares<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-files-for-spot-xrp-etf-registration\">Bitwise<\/a>, and <a href=\"https:\/\/u1f987.com\/en\/news\/nasdaq-files-for-xrp-and-litecoin-etfs-from-coinshares\">CoinShares<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alternative asset manager Teucrium Investment Advisors is set to introduce the first exchange-traded fund (ETF) in the United States based on Ripple&#8217;s XRP token. Seeking amplified exposure to #XRP? $XXRP offers 2x daily leverage for traders focused on short-term moves.https:\/\/t.co\/BCMVD0E8Nm pic.twitter.com\/9TIALnBxuQ \u2014 Teucrium ETFs (@TeucriumETFs) April 8, 2025 Trading of the Teucrium 2x Long Daily [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1776,112,26],"class_list":["post-22808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-leverage","tag-ripple","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"103","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22808"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22807"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}