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

Teucrium Trading President and CEO Sal Gilbertie stated that investor demand for XRP is "enormous" and credited the "XRP Army" for the rapid traction of their Teucrium 2x Long Daily XRP ETF (XXRP), calling it the firm's most successful launch with inflows reaching "hundreds of millions" in about 16 weeks. The leveraged ETF, launched in April 2025, aims to deliver twice the token’s daily move using total return swaps and futures, though disclosures warn that compounding and volatility can cause multi-day returns to deviate significantly from the 2x objective. Gilbertie also suggested the broader opportunity lies in backing companies adopting blockchain and confirmed his belief that a broad crypto ETF wave is coming.

(Source：CoinDesk)