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Story Highlights* Teucrium’s 2x Leveraged XRP ETF XXRP is set to debut on NYSE Arca on April 8.
XXRP ETF will provide investors with double the daily returns of XRP, increasing potential risks.
Following the ETF announcement, XRP’s price surged by 6%, reaching $1.90 amid market excitement.
Analysts estimate a 75% chance of a spot XRP ETF getting SEC approval by 2025.