Teucrium Agricultural Fund Price & Performance (TAGS)

Teucrium Investment Advisors has launched the Teucrium 2x Long Daily XRP ETF (XXRP), the first U.S.-listed ETF tied to XRP. This leveraged product offers double the daily price movement of the cryptocurrency. The ETF debuted on NYSE Arca with $2 million in assets, expanding Teucrium’s reach beyond commodities.123

In an unusual move, Teucrium’s 2x Long Daily XRP ETF began trading before any spot XRP ETF has been approved by regulators. The ETF uses derivatives to provide amplified exposure, reflecting growing regulatory comfort with complex crypto products, even as spot ETF applications for XRP remain under SEC review.456

The introduction of Teucrium’s leveraged XRP ETF coincides with a 6.5% surge in XRP’s price and renewed optimism for spot ETF approval. Multiple asset managers have filed for spot XRP ETFs, with analysts assigning a 65-75% chance of approval by the SEC in 2025, signaling a shifting regulatory landscape.728