Teucrium plans to launch a Reverse XRP ETF, with its XRP ETF trading volume reaching 5 million dollars.

DailyNews

2025-04-09 14:02:07

XRP0,35%

The first XRP exchange-traded Teucrium 2x Long Daily XRP ETF in the U.S. has been listed at $5 million, making it one of the top 5% of newly launched ETFs, which aims to provide twice the daily return of XRP through a swap agreement, with a European exchange-traded product as a reference rate. In addition, Teucrium revealed plans to launch an inverse XRP ETF so that investors can profit from the decline in XRP price, subject to a needs assessment. （CoinDesk）

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Gathu

· 2025-04-09 14:02

The biggest lie of this bull run: "Buying Spot is safe"? Don't be naive! From the early boom of inscriptions to the later frenzy of Meme coins, it superficially seems like a "wealth creation myth", but in reality, it's a "harvesting machine conference": - Meme coins are just "air traps": You can create any story, find a celebrity to advocate, and it can big pump, with almost zero cost, but after retail investors follow the trend and buy in, 90% of the projects end up dropping to zero, and if you can salvage a few thousand from a million investment, consider yourself lucky. - There are more rubbish projects than "suckers": Last year, hundreds of new projects launched every day, relying entirely on "drawing cakes" to raise money. Now that the bubble has burst, they have all become "shitcoins", and countless people's hard-earned money has gone down the drain.

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