Teucrium's XRP ETF Achieves Significant Trading Volume

According to Odaily, the first U.S. XRP exchange-traded fund, Teucrium 2x Long Daily XRP ETF, has reached a trading volume of $5 million, placing it among the top 5% of newly launched ETFs. This fund aims to deliver twice the daily returns of XRP through swap agreements, using European exchange-traded products as a reference rate. Additionally, Teucrium has disclosed plans to introduce a reverse XRP ETF, allowing investors to profit from declines in XRP prices, contingent upon demand assessment.