Teucrium CEO: 'Enormous Interest' In XRP, 'Extraordinary’ Success for Firm's XRP ETF

Why It Matters

Gilbertie credited the rapid traction to the XRP Army and predicts a broader wave of crypto ETFs, a development that could accelerate institutional and retail flows into token‑linked products while raising oversight and market‑structure questions.

Summary

Teucrium Trading CEO Sal Gilbertie said investor demand for the firm’s 2× Long Daily XRP ETF (XXRP) has been “enormous,” bringing in “hundreds of millions” of dollars in about 16 weeks and making it the company’s most successful launch to date. The NYSE Arca‑listed fund, launched April 8, 2025, seeks twice XRP’s daily move via total‑return swaps and possible cash‑settled futures, though disclosures warn of compounding, leverage, counterparty and liquidity risks that can produce divergent multi‑day returns. Gilbertie credited the rapid traction to the XRP Army and predicts a broader wave of crypto ETFs, a development that could accelerate institutional and retail flows into token‑linked products while raising oversight and market‑structure questions.