Teucrium Investment Advisors is launching the first XRP-based exchange-traded fund (ETF) in the US, named the Teucrium 2x Long Daily XRP ETF. Set to trade on NYSE Arca under the ticker XXRP from April 8, this leveraged ETF aims to give investors double the daily return of the XRP token, with a management fee of ...
The New York Stock Exchange Arca has approved a new investment product called Teucrium’s 2x Long Daily XRP ETF. This exchange-traded fund allows investors to track the daily price movements of XRP, a digital asset by Ripple, without owning it directly. The ETF aims to double daily returns; if XRP rises by 1%, the ETF ...
WisdomTree has submitted a proposal for a spot XRP ETF, which is currently open for public comments for 21 days. After this commenting period, the SEC has up to 240 days to review the proposal, with a final decision expected by late October 2025. This ETF proposal is part of a wave of similar filings, ...
XRP is experiencing positive growth after the SEC announced a new cryptocurrency task force led by Commissioner Hester Peirce. This task force aims to create clearer guidelines for digital assets, which could lead to a resolution in the SEC’s ongoing case against Ripple and pave the way for XRP ETFs. Currently, XRP is poised to ...
WisdomTree, a global asset manager, has submitted an application to the SEC for a spot XRP ETF, making it the fourth company in the U.S. to pursue this option. The proposed WisdomTree XRP Fund aims to give investors exposure to XRP’s price changes through shares listed on the Cboe BZX Exchange. Recently, XRP has seen ...
