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Teucrium's XXRP fund becomes the first U.S. ETF to offer 2x leveraged exposure to XRP, launching amid a market slump. The post XRP ETF Set to Launch as 2x Leveraged Product in U.S. Amid Market Dip appeared first on Cryptonews.
Big news for cryptocurrency fans— the first XRP Exchange-Traded Fund (ETF) is set to launch in the United States tomorrow. This new ETF, called XXRP, will give investors a way to trade XRP with a 2x leverage, meaning it aims to double the returns based on XRP's daily price changes.
The global cryptocurrency market is showing signs of recovery after a shaky period marked by the infamous “Black Monday” crash on April 7. The market experienced a sharp downturn, with total liquidations surpassing $1 billion within just 24 hours.
XRP price started a fresh decline below the $1.750 zone and tested $1.60. The price is now correcting losses and facing hurdles near the $2.00 level.
Ripple is forecasting a massive $18.9 trillion explosion in tokenized real-world assets by 2033, transforming the core of global finance. Tokenized Assets Set to Explode—Ripple and BCG Reveal Urgent Timeline Ripple published a new market outlook Monday, forecasting an unprecedented shift in financial asset infrastructure.
Teucrium Investment Advisors' XXRP is a 2x leveraged fund on XRP's daily price performance, set to go live Tuesday on NYSE Arca.
The debut of a leveraged XRP ETF in the US could significantly boost investor interest and market activity in cryptocurrency ETFs. The post First-ever leveraged XRP ETF set to debut in the US appeared first on Crypto Briefing.
XRP has fallen below the critical $2 mark during the ongoing market-wide correction, triggering concerns among investors. As of the latest data, XRP is trading at approximately $1.79, down 6% in the past 24 hours.
Acting SEC Chairman Mark Uyeda confirmed during a recent CNBC interview that Bitcoin and Ethereum are not considered securities, referencing past statements from former SEC Chair Gary Gensler. My predecessor, Chairman Gensler, has made it pretty clear that Ethereum and Bitcoin are not securities, Uyeda said.
Ripple has released a bold new report projecting that the global tokenization market could reach a staggering $18.9 trillion by 2033. Tokenization, which involves converting real-world assets like real estate, stocks, and art into digital tokens on a blockchain, is being hailed as a revolutionary upgrade to the traditional financial system.
Teucrium's XXRP leveraged ETF has beaten spot applications to market, amid wave of crypto fund filings centred on a shifting SEC narrative.
The first leveraged XRP ETF launches as Ripple braces for key court filings. Will SEC drop its appeal before April 16?
XRP takes a massive leap into traditional finance as a 2x leveraged ETF linked to its futures launches, delivering high-octane exposure to daily price swings. XRP-Based ETF Debuts on NYSE Arca With 2x Leverage Teucrium Trading LLC is preparing to launch its first U.S.
In light of the ongoing market-wide correction, XRP fell below the critical $2 threshold, which is concerning for the altcoin. As of press time, XRP is down 6% in the last day, trading at about $1.79.
A large Ripple whale transaction has drawn attention across the crypto market. Early reports confirm that 200,000,000 XRP, worth approximately $355.6 million, was transferred from an unknown wallet to Binance.
Amidst ongoing market instability and volatility, the XRP price maintained support levels, even as many altcoins crashed this past week. A well-known crypto pundit has spotlighted a critical resistance level at $2.3, saying that XRP's next move will largely depend on whether it can successfully break through this barrier.
Wall Street asset manager Teucrium Investment Advisors is launching a leveraged exchange-traded fund that tracks XRP, the crypto tied to Ripple Labs and the center of a years-long battle with U.S. regulators.
Thinking about dumping your XRP? Hold your horses—make sure you've got a solid plan first.
In the latest XRP news, the market has received a boost with NYSE Arca's approval of the Teucrium 2X Long Daily XRP ETF. The stock exchange's move is considered a step forward in integrating more crypto-based investment products into the conventional financial system.
Ripple and Boston Consulting Group (BCG) have predicted sharp growth in the tokenized real-world asset market, according to a recently released study. The study projected RWA to rise from the current $0.6 trillion to $18.9 trillion by 2033.
Despite a relatively calm market and XRP trading within a descending triangle that has persisted for weeks amid bearish pressure, the token may be gearing up for a major breakout, according to popular crypto analyst Egrag Crypto.
Tokenization of assets could save significant costs for asset managers and issuers, driving broader adoption, the report noted.
In this ongoing market crash, XRP, Ripple Labs' native token, is poised for a massive price decline despite its recent price recovery. Today, March 7, 2025, the overall crypto market has witnessed a significant downward rally, but it now appears to be recovering.
Closely followed crypto analyst Jason Pizzino is warning that XRP and other top altcoins most likely have further to fall. In a new post to the social media platform X, Pizzino tells his 131,000 followers that, despite being down 20% in the last month, XRP's skid is not finished.
