XRP ETF Hits Wall Street! Altcoin Jumps 7% as Institutional Access Opens
XRP Just Got a Major Boost—Here’s Why This Could Be a Game-Changer for Investors
XRP just made headlines with a 7% price surge—and there’s a powerful reason behind it.
Teucrium Investment Advisors has officially launched the first-ever XRP ETF in the U.S., giving investors a whole new way to tap into one of crypto’s top-performing assets. Meet the Teucrium 2x Long Daily XRP ETF (ticker: XXRP)—now trading on the NYSE Arca.
So what makes this ETF stand out?
Simple. It aims to double XRP’s daily returns. That means if XRP climbs, this fund could amplify your gains—fast. “If you have a short-term, high-conviction view on XRP prices, this fund might be your jam,” Teucrium shared on its website.
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’s first ETF is leveraged. Spot XRP still not approved, altho our odds are pretty high. Story via @isabelletanlee pic.twitter.com/Eg4Wq5Y1Qi
— Eric Balchunas (@EricBalchunas) April 7, 2025
What You Need to Know:
- Ticker: XXRP
- Management Fee: 1.85%
- Monthly distributions
- Total net assets: $2 million+
- Goal: Deliver 2x the daily return of XRP
But not everyone’s on board without questions.
Bloomberg’s top ETF analyst Eric Balchunas called the launch “very odd,” pointing out it’s rare to see a leveraged ETF come before a standard spot ETF for an asset.
He’s not wrong—there’s still no spot XRP ETF in the U.S. Yet.
But That Could Change Very Soon
The SEC recently acknowledged several spot XRP ETF filings, and after Ripple’s settlement with the SEC last month, industry watchers are buzzing. Many believe the road is now clear for the U.S. to approve its first spot XRP ETF—a move that could unleash massive institutional interest.
Balchunas agrees, hinting that a spot XRP ETF might be just around the corner.
So, what’s the big takeaway?
👉 The launch of Teucrium’s 2x XRP ETF is a bold signal that institutional interest in XRP is heating up fast.
👉 For crypto traders and investors, this could be the start of a whole new wave of opportunity.
