Teucrium launches its first XRP leveraged ETF, the Teucrium 2x Long Daily XRP ETF

According to Bloomberg, Teucrium Investment Advisors has launched its first leveraged ETF linked to cryptocurrency XRP, the Teucrium 2x Long Daily XRP ETF, with the code XXRP and a fee ratio of 1.85%, which is listed in the United States today. The ETF aims to provide double daily returns on XRP, with its issuance timing following the US SEC's withdrawal of its lawsuit against Ripple. The market expects spot XRP funds to follow suit.