The crypto investment space took a notable turn after Teucrium announced the launch of a 2X leveraged ETF based on XRP, drawing sharp attention from traders and analysts alike. The firm’s CEO, Sal Gilbertie, has now revealed the reasoning behind selecting XRP as the foundation for this high-risk, high-reward financial product.
According to Gilbertie, XRP stands out from the crowd not just as a tradable digital asset but as a token with defined utility and institutional credibility. Speaking during a Bloomberg interview, he pointed to XRP’s ability to support real-world value transfers and Ripple’s consistent efforts to bridge traditional finance with blockchain infrastructure.
Gilbertie said the ETF targets experienced retail and professional traders who want daily leveraged exposure without maintaining a margin account. The structure allows market participants to engage in short-term trading strategies while remaining within the regulatory framework of traditional markets.
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He emphasized that XRP’s underlying use case is what drove Teucrium to develop the product. In contrast to tokens that rely solely on hype or speculative momentum, XRP is already in use for real transactions, especially in cross-border settlements.
Gilbertie praised Ripple as a team of financial technology experts focused on solving real payment challenges.
Ripple’s Financial Infrastructure and Regulatory Momentum Supported the Decision
Gilbertie also pointed to the growing demand for investment vehicles that offer access to XRP without the complexity of managing crypto wallets or direct exchange trading. With over six million wallets already active, XRP’s network effect signals strong community interest and long-term potential.
The ETF’s launch comes at a time of evolving sentiment at the U.S. Securities and Exchange Commission. Gilbertie credited the approval to more receptive leadership at the agency. He noted that previous SEC attitudes created barriers for crypto-related products, but recent changes have opened the door to innovation.
Teucrium’s XRP ETF recorded over $5.3 million in first-day volume, despite subdued market sentiment. Gilbertie said the performance underlined investor interest and validated the firm’s confidence in XRP.
Additionally, he mentioned Ripple’s recent acquisition of broker-dealer Hidden Road as a key development for connecting decentralized assets with legacy financial systems.
The firm is already preparing to expand its XRP offerings, having filed for an inverse ETF that would allow traders to profit from price declines. Gilbertie stated that Teucrium only builds products around assets with real-world relevance and strong technical foundations.
Conclusion
Teucrium’s choice to launch a leveraged ETF based on XRP highlights a growing recognition of the asset’s practical role in financial infrastructure. With shifting regulatory attitudes and continued development from Ripple, XRP is gaining traction as more than just a speculative token.
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