Teucrium xETFs 2x Long Daily BNB ETF (XBNB)

The Teucrium xETFs 2x Long Daily BNB ETF is a leveraged exchange-traded fund from Teucrium, listed on NYSE Arca under the ticker XBNB. It seeks daily investment results, before fees and expenses, of approximately two times the daily performance of BNB, the native cryptocurrency of the BNB Chain ecosystem originally created by Binance.

The fund gains its exposure through derivatives and other instruments linked to the price of BNB rather than necessarily holding the token directly, and it resets its leverage daily so that it targets twice the return of one trading day only.

Because of daily compounding, performance over longer periods can deviate substantially from twice the return of BNB, especially given the high volatility typical of cryptocurrency markets.