XRP ETF News: Teucrium Debuts XXRP Leveraged ETF Before Spot ETF Approval

Quick Summary:

As Ripple inches closer to the end of its legal battle with the SEC, a brand-new investment vehicle is being rolled out in the US—one that could open the floodgates for wider XRP adoption.

Shortly, Teucrium is also planning a short version of the ETF, which would let investors potentially profit from daily price declines in XRP.

Moreover, the ETF will charge a 1.89% management fee and cater to traders seeking bigger short-term moves without holding the underlying asset directly.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: News Crypto ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 05:09:29 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 27707982

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