Teucrium’s XRP ETF is rewriting the record books as skyrocketing investor demand propels it past every fund in the firm’s 16-year history with unstoppable momentum. “It is our most successful fund,” said the firm’s president.
Teucrium’s XRP ETF Fires Past Every Fund in Company History With Accelerating Demand
Investor appetite for XRP exposure is accelerating rapidly, and Teucrium Trading is positioning itself at the center of the surge. Sal Gilbertie, president of the firm, stated last week on CNBC that XRP enthusiasm is reshaping the exchange-traded fund (ETF) landscape.
“There’s enormous interest in XRP,” he stated, highlighting the explosive performance of the firm’s Teucrium 2x Long Daily XRP ETF. Launched 16 weeks ago, the fund, which is trading on the NYSE Arca exchange, has already outpaced every product in Teucrium’s 16-year history. Gilbertie detailed:
The money that’s come in is quite extraordinary. Hundreds of millions of dollars have come in. It is our most successful fund. We’re 16 years old today when I incorporated the company, coincidentally. And we’ve never seen a response like that.
While Teucrium’s foundation lies in agricultural commodities, Gilbertie explained that the pivot to digital assets was a calculated extension of existing crypto interests. The firm had previously filed for a bitcoin product, but XRP stood out to him personally.
Teucrium Trading’s president revealed:
I’m an XRP enthusiast.
The fund does not hold the cryptocurrency directly, but offers exposure via derivatives with leverage, a structure designed to match investor demand. The fund’s ticker, XXRP, and its immediate traction underscored that decision. “It was a big hit immediately right out the door,” the executive emphasized.
Gilbertie also addressed the broader crypto investment landscape, noting that future success may depend less on identifying the next coin and more on understanding how blockchain transforms industries. He likened current conditions to the early internet era and emphasized the potential for ETF expansion across the space. When asked if more crypto ETFs are likely to emerge, his answer was clear: “No question.”
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