The XRP ETF Launch That Has Everyone Asking: “Why Didn’t I Think of That?”

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Teucrium just rolled out the 2X Daily Long XRP ETF, and it’s hotter than a summer day in the city! 🚀 Investors are flocking to it like they’re at a free donut tasting, with five consecutive days of inflows. That’s basically the financial world’s version of being the popular kid in school, especially now that Ripple decided to play nice with the law.

Sal Gilbertie, Teucrium’s CEO—or as I call him, the Grand Poobah of Profits—has dubbed this 2x XRP ETF their “most successful launch ever.” In an exclusive chat with ETF whiz Neta Geraci, he gleefully mentioned that the product’s debut was kinda like a surprise party: loads of excitement, but no one saw it coming. 🎉. The timing? Well, it just so happens this baby launched right after the old SEC gang packed up their briefcases and hit the road. Talk about perfect timing—Gilbertie deserves a gold star!

Trading under the oh-so-catchy ticker XXRP, this fund promises to amplify your daily XRP movement, ideal for those who like their investments like their coffee: short and strong! ☕ It kicked off with around $5 million in volume, which, okay, maybe it’s not a Bitcoin-level extravaganza, but in today’s market, that’s like winning the lottery in Monopoly money.

The volume on $XXRP is impressive; these are big numbers for Day Two-Four, especially for a 2x indie in a whack market. Child’s play vs. Bitcoin ETFs, of course, but really strong—it’s finding an audience quickly!

— Eric Balchunas (@EricBalchunas) April 11, 2025

Strong Debut Reflects Soaring Demand

Launching on NYSE Arca should come with a confetti cannon! 🎊 The leveraged XRP ETF opened with $5.5 million in trading volume and closed at $23.37—moving up faster than a kid on Christmas morning. Just a few days in, volume spiked to over $13 million on April 9, and the price climbed to $28.92. It hit a high of $29.21 on April 11, with $8.57 million traded. Someone call a therapist! XRP is on a rollercoaster and it’s only the first week!

Legal Clarity and New XRP Futures Fuel Optimism

The ETF might just be the Beyoncé of the XRP ecosystem, riding high on a wave of popularity. 🎤 On March 20, Bitnomial launched XRP futures—because why not throw another party? And oh, the U.S. SEC finally decided to stop playing hide-and-seek with Ripple Labs. The years of legal confusion are over, and now it’s open season on XRP-focused products. Cheers to that! 🥂

With the SEC’s green light on Ethereum ETF options, it looks like they took a sip from the “Let’s Be More Crypto-Friendly” juice. Who knew clarity could feel so refreshing?

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  • Ripple CEO Talks XRP Price Surge and Bitcoin Price Forecasts

XRP Price Riding the Momentum

With legal clouds evaporating like a bad date, XRP’s outlook is sparkling! 💎 ETF excitement and shiny new futures mean investors are hungry for more XRP. Technical upgrades like smart contract support for the XRP Ledger? Yes, please! For now, XRP is wavering between $2.00 and $2.04, up by a solid 3.84% in the last 24 hours—consistent activity like your friend who never stops texting you. Over the past day, it’s been mostly hanging out between $1.93 and $2.03.

With all this ETF buzz and regulatory clarity finally coming through like a beloved sitcom reboot, XRP might just be on the verge of taking off. Buckle up, folks!

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2025-04-12 10:37