Teucrium Sugar Fund Price & Performance (CANE)

Teucrium Investment Advisors has launched the first leveraged XRP ETF in the U.S., the 2x Long Daily XRP ETF (XXRP), on NYSE Arca. This debut precedes any spot XRP ETF approval, offering twice the daily return of XRP. The fund starts with $2 million in assets and a 1.85% management fee.123

The Teucrium Sugar Fund (CANE) continued its decline, dropping 0.17% to $11.58 on April 21. The ETF has fallen in eight of the last ten sessions and is down 5.39% over that period. Increased volume on falling prices may signal heightened risk in the near term.456

Despite recent underperformance, analysts expect the Teucrium Sugar Fund (CANE) to rise 4.4% over the next three months, with a projected range between $11.94 and $13.66. The ETF remains undervalued according to Wall Street, and its diversified futures strategy may appeal to commodity-focused investors.578