Teucrium 2x Long Daily XRP ETF (XXRP)
Market Closed
17 Jul, 20:00
ARCA ARCA Primary $
22. 10
-0.34
-1.5152%
$
89.51M Market Cap
0.62% Div Yield
100,200 Volume
$ 22.44
Previous Close 
Want to track XXRP and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
A Strategy On XXRP, For The XRP Boom: But Watch Out For This Element
XXRP is a 2x long daily leveraged ETF on XRP (not spot) with a TER of 1.89%. Leverage amplifies decay and this becomes evident as the investment time horizon widens. The underlying, XRP, is gaining interest relative to BTC/USD. The catalyst is an apparent programmed scarcity program.
Seekingalpha | 6 months ago
XXRP: Volatility On Top Of Volatility
XRP exposure is possible in the US via the Teucrium 2x Long Daily XRP ETF, despite the absence of spot ETFs or CEFs for XRP. XXRP uses swaps to provide leveraged XRP exposure, but carries heightened risk and volatility compared to spot products. XRP is already more volatile than other digital assets like Bitcoin or Ethereum. So XXRP is volatility on top of volatility.
Seekingalpha | 1 year ago
