The crypto market is showing signs of recovery, and one of the latest indicators of renewed investor confidence is the performance of Teucrium’s 2x Long Daily XRP ETF (ticker: XXRP). The ETF has posted five consecutive days of net inflows, capturing the attention of both retail investors and institutional players.
This growing interest in XXRP coincides with improving sentiment across the digital asset space. Recent easing of market fears—fueled by the U.S. administration’s decision to pause proposed tariffs—has helped assets like Bitcoin, Ethereum, and XRP stage modest rebounds. However, it is XRP, specifically through this new ETF, that has emerged as one of the standout performers.
Teucrium’s leveraged XRP ETF was approved by NYSE Arca and made its trading debut with a bang. On its first day, the fund closed at $23.37 and saw trading volumes exceeding $5.5 million. By April 9, investor enthusiasm had driven volume to over $13.3 million, with the price surging to $28.92. This momentum remained strong through April 11, where the ETF closed at $29.21 with daily trading volumes of $8.5 million.
Bloomberg’s senior ETF analyst Eric Balchunas called attention to XXRP’s “surprisingly strong” debut, comparing its initial performance favorably to other crypto ETFs. Meanwhile, retail traders took to social media to voice their excitement with viral enthusiasm. Posts on X (formerly Twitter) described the ETF’s trading action as “bussin’” and praised its “wild” early volumes. It’s clear that the product has tapped into a rising wave of XRP-centric investor sentiment.
What’s perhaps more noteworthy is that while XXRP has drawn in fresh capital, Spot Bitcoin and Ethereum ETFs have faced net outflows. According to Farside Investors, Spot BTC and ETH products saw outflows of $1 million and $29.2 million, respectively, during the same period. This contrast further emphasizes the unique appeal of the XRP-linked ETF in the current market.
XRP itself has been on a steady climb amid this growing investor interest. At press time, the token was trading at $2.05, up over 3% in the past 24 hours, slightly outperforming Bitcoin and Ethereum in the same window. This momentum is supported by an increasingly bullish narrative from major institutions. Standard Chartered recently issued a forecast projecting that XRP could reach $5.50 by the end of 2025. If accurate, this would represent a gain of over 200% from current levels.
Adding fuel to this optimism is prediction market data from Polymarket, which shows a 59% chance of a U.S. Spot XRP ETF approval by the end of 2025. Such regulatory progress would mark a major milestone for XRP’s mainstream adoption and could further validate its role in institutional portfolios.
The Teucrium 2x XRP ETF, designed to offer double the daily price movement of XRP, provides a high-risk, high-reward tool for those bullish on the token’s near-term future. While leveraged ETFs are inherently more volatile and better suited for experienced traders, the strong inflows suggest a growing appetite for such exposure.
In conclusion, the debut of Teucrium’s XXRP ETF comes at a time of renewed confidence in the crypto sector. Its performance so far reflects a shift in sentiment and positions XRP as a potential frontrunner in the next wave of digital asset momentum. With strong trading volume, positive market forecasts, and a clear uptick in institutional engagement, XRP may be shaping up to become Wall Street’s next favorite crypto asset.
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