ETF Issuer Teucrium to Launch Inverse XRP ETF
the exchange-traded fund issuer Teucrium announced plans to launch a reverse XRP ETF, allowing investors to profit from a decline in XRP prices, but requiring a demand assessment. In addition, Teucrium has launched the first XRP exchange-traded fund in the United States, the Teucrium 2x Long Daily XRP ETF, which aims to provide twice the daily return of XRP through swap agreements and uses European exchange-traded products as reference rates.
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