Altcoin News Official TheBitTimes.com

The first-ever leveraged XRP ETF in the United States, Teucrium’s 2x Long Daily XRP ETF (NYSE Arca: XXRP), made a strong market debut on April 8, 2025. The fund recorded $5 million in trading volume on day one, placing it in the top 5% of all new ETF launches, according to Bloomberg Senior ETF Analyst Eric Balchunas. $XXRP (2x XRP ETF) saw $5mil in volume on Day One, very respectable, esp considering the mkt conditions. That puts it in approx top 5% of new ETF launches, and about 4x what the 2x Solana ETF $SOLT did (altho both 200x less than King IBIT). pic.twitter.com/u3QQq5yuHv — Eric Balchunas (@EricBalchunas) April 8, 2025 XRP institutional appetite grows amid volatility The debut comes during a period of intense volatility in crypto markets, a sign of growing institutional interest in products tied to digital assets like XRP.  The fund aims to deliver twice the daily return of XRP and uses swap agreements referencing European exchange-traded...

Blackrock‘s Solana & XRP ETFs are right now expected to be like the next move from the world’s largest asset manager. This applies especially as its BUIDL fund just hit a whopping $1 billion in value. Some of the biggest institutions want more crypto investment at the time of writing, with more options beyond just the classic Bitcoin and Ethereum. We can’t wait! BlackRock BUIDL Fund – Source: RWA.xyz Also Read: BRICS: The US Dollar Has Become a Problematic Currency BlackRock’s Crypto Expansion: Solana & XRP ETFs, BUIDL Fund Growth Source: Ledgerinsights BlackRock to File for Solana and XRP ETFs Nate Geraci, president of The ETF Store, thinks BlackRock will soon enter both the Solana ETF and XRP ETF markets. Geraci said: “BlackRock will file for both solana & xrp ETFs. Solana could be any day. Think xrp once SEC lawsuit concluded.” The timing for XRP depends on finishing that SEC case, while Solana applications might happen much sooner. And since...