Teucrium 2x Long Daily XRP ETF (XXRP)

The Teucrium 2x Long Daily XRP ETF (XXRP) is a leveraged exchange-traded fund from Teucrium Trading, a sponsor better known for its agricultural commodity funds. It seeks daily investment results, before fees and expenses, equal to twice (2x) the daily performance of XRP, the digital asset of the XRP Ledger.

The fund obtains its leveraged exposure through swap agreements and other derivatives referencing XRP or XRP-linked products, and it rebalances daily to keep its 2x target.

Because the objective applies to a single day, the fund's returns over longer periods can diverge substantially from twice the return of XRP, especially given the asset's volatility.