Sal Gilbertie credits the XRP community for the fund’s rapid traction, revealing hundreds of millions in inflows and forecasting a new wave of crypto ETFs ahead.
Teucrium Trading’s XRP-focused exchange-traded fund (ETF) has quickly become one of the firm’s most successful product launches ever, according to Sal Gilbertie, the company’s President and CEO. Speaking on CNBC’s ETF Edge, Gilbertie highlighted “enormous” investor demand since the ETF’s debut in April 2025, attributing much of the momentum to the XRP Army — the cryptocurrency’s passionate global fanbase.
“The traction we’ve seen has been extraordinary — hundreds of millions of dollars in just 16 weeks,” Gilbertie said, describing the response as unmatched in Teucrium’s history.
XRP ETF Marks a Turning Point for Crypto Investing
The Teucrium 2x Long Daily XRP ETF (XXRP), listed on the NYSE Arca, offers twice the daily movement of XRP without directly holding the asset. The fund achieves its exposure through total return swaps and cash-settled XRP futures with major financial institutions, allowing investors leveraged exposure to the token’s price movements.
However, the fund’s design targets daily performance only, and multi-day returns can diverge sharply due to compounding effects. Teucrium’s disclosure also warns of risks such as leverage losses, tracking error, and liquidity challenges, emphasizing that the product can lose value even if XRP’s price remains stable or rises over time.
At $2.64 per token, XRP has gained 26% year-to-date, according to CoinMarket data, reflecting the asset’s revived momentum amid broader optimism around digital asset ETFs.
Broader Wave of Crypto ETFs Expected
Gilbertie sees the surge of interest in XRP as part of a wider trend toward mainstream crypto investment products. “There’s no question — a broader ETF wave is coming,” he said. “But the real opportunity isn’t just in individual tokens. It’s in companies building on blockchain, much like investors who backed internet infrastructure in the 1990s.”
Industry analysts agree that Teucrium’s XRP ETF signals growing appetite for regulated crypto exposure among both retail and institutional investors.
“The XRP ETF’s early success shows how deeply crypto enthusiasm runs,” Gilbertie concluded. “It’s proof that digital assets have entered a new phase — one driven not by speculation, but by structured, mainstream investment access.”
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.