The Teucrium XRP 2x ETF (XXRP), a U.S.-based leveraged futures fund, has amassed $122 million in assets under management (AUM) just seven weeks post-launch, ranking it among the top 5% of all ETF debuts. Concurrently, prediction markets like Polymarket now peg the odds of a U.S. XRP spot ETF approval at 90%, with an SEC decision anticipated late in 2025. Meanwhile, Canada has already greenlit multiple XRP ETFs, offering direct asset exposure—unlike Teucrium’s futures-based product.
Key Developments in XRP ETF Landscape
1. Teucrium XXRP’s Record-Breaking Launch
- $122M AUM achieved in under two months, signaling robust institutional demand for regulated XRP futures products.
- First-day trading volume: $5 million, placing XXRP in the elite tier of ETF launches (Bloomberg data).
- CEO Sal Gilbertie projects **$8B+ demand** for U.S. **XRP spot ETFs**, dwarfing JP Morgan’s $4–8B estimate.
2. Surging Approval Odds for U.S. Spot ETFs
- Polymarket’s XRP ETF approval probability jumped from 70% to 90% in June 2025.
- SEC reviewing applications from Grayscale, VanEck, Bitwise, and others; decision expected H2 2025.
- Analyst James Seyffart notes XRP’s spot market is 7.5% of Bitcoin’s—a key benchmark for ETF success.
3. Canada’s Pioneering XRP ETFs
- Purpose Investments, 3iQ, Evolve already offer direct XRP exposure via OSC-approved ETFs.
- Provides real-world data on investor appetite ahead of potential U.S. spot ETF launches.
Why XXRP’s Success Matters
👉 Why leveraged XRP futures ETFs are gaining traction
The rapid AUM growth of XXRP underscores two critical trends:
- Institutional Confidence: Demand persists despite the absence of a U.S. spot ETF.
- Market Maturity: Leveraged crypto products are gaining mainstream acceptance.
Gilbertie emphasizes XRP’s utility in cross-border payments as a unique differentiator, fueling long-term ETF potential.
FAQ: XRP ETFs Explained
Q: What’s the difference between XXRP and Canadian XRP ETFs?
A: XXRP offers 2x leveraged XRP futures exposure, while Canadian ETFs hold actual XRP tokens.
Q: When will the SEC decide on spot XRP ETFs?
A: Late 2025, with Polymarket odds currently at 90% approval.
Q: How does XRP’s market size compare to Bitcoin’s?
A: XRP’s spot market is 7.5% of Bitcoin’s—a key metric for ETF inflow projections.
The Road Ahead
👉 How Canada’s XRP ETFs could influence U.S. regulators
With $8B+ demand forecasts and Canada’s lead, the U.S. spot ETF race could redefine XRP’s institutional adoption. Watch for SEC updates in late 2025—90% odds suggest high optimism.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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