XRP ETF debuted yesterday; Here’s how it performed
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...