30-7-2025 – Teucrium Trading’s 2x leveraged XRP exchange-traded fund has become the company’s most successful product launch in its 16-year history, with CEO Sal Gilbertie reporting “hundreds of millions of dollars” in inflows since the fund’s debut.
The Teucrium 2x Long Daily XRP ETF (XXRP) launched as the first leveraged XRP fund in the United States and has captured significant investor attention during XRP’s recent rally. Gilbertie told CNBC that the response has been “quite extraordinary,” attributing the demand to what he called the “XRP army” — the cryptocurrency’s dedicated investor base.
XRP has surged over 50% in the past month, fueling interest in leveraged exposure products. Gilbertie expressed optimism about XRP’s potential as a store of value comparable to Bitcoin, citing improvements in blockchain infrastructure and growing institutional adoption. The fund uses derivatives rather than direct XRP holdings to provide leveraged exposure to the digital asset’s price movements.
Teucrium’s success with XXRP reflects broader institutional appetite for XRP-linked investment products as regulatory clarity improves. The company, which typically focuses on commodity ETFs, seized the opportunity to file for the leveraged XRP product after identifying strong retail demand for enhanced exposure to the digital asset.
Technical analysts suggest XRP could reach $3.65 to $4 or higher if current momentum continues, though leveraged products amplify both gains and losses for investors. The fund’s rapid asset accumulation signals growing confidence in XRP’s long-term prospects despite the cryptocurrency’s volatile trading history.