The first XRP leveraged ETF is listed in the United States, with Teucrium offering 2x daily returns.

According to Deep Tide TechFlow news on April 12, Bloomberg reported that Teucrium Investment Advisors LLC has launched the first exchange-traded fund (ETF) linked to XRP. The fund is named Teucrium 2x Long Daily XRP ETF, with the code XXRP, and will provide investors with double daily returns on XRP through a swap mechanism, with a management fee rate of 1.85%.

Bloomberg senior ETF strategist Eric Balchunas pointed out that this is an unusual development, as it is the first time that the first ETF for a new asset is a leveraged product. As of March 2025, nine companies, including Bitwise, ProShares, WisdomTree, Grayscale, and Franklin Templeton, have submitted applications for XRP ETF products.