XXRP

Teucrium 2x Long Daily XRP ETF

$17.26

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Teucrium 2x Long Daily XRP ETF (XXRP) seeks to provide 2x the daily return of the XRP cryptocurrency, before fees and expenses.

Overview

ETF tracking Teucrium 2x Long Daily XRP ETF

Category Leveraged

Issuer Other

Inception Date 2025-04-08

Market Cap $198.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $16.35 - $63.95

VWAP $17.60

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Teucrium 2x Long Daily XRP ETF (XXRP) seeks to provide 2x the daily return of the XRP cryptocurrency, before fees and expenses.

🎯 Investment Strategy

The ETF uses derivatives such as futures contracts to gain leveraged exposure to the XRP cryptocurrency. It aims to achieve its 2x daily return objective through these derivative instruments.

✨ Key Features

Provides 2x daily leveraged exposure to the XRP cryptocurrency
Uses derivatives like futures to achieve its leveraged objective
Designed for short-term trading, not long-term buy-and-hold
Expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence from the 2x daily return objective over longer periods
High volatility and risk of rapid price movements in the XRP cryptocurrency
Counterparty risk associated with the derivative instruments used

👤 Best For

This ETF is best suited for experienced, risk-tolerant traders who understand the risks of leveraged cryptocurrency exposure and are looking for short-term trading opportunities. It is not recommended for long-term buy-and-hold investors.