Symbols

XXRP

Teucrium 2x Long Daily XRP ETF·ARCA

--(--)

Key Stats

Assets Under Management

118.50MUSD

Fund Flow (1Y)

642.21MUSD

Dividend Yield

15.04%

Discount / Premium to NAV

0.56%

Shares Outstanding

26.40M

Expense Ratio

1.89%

About Teucrium 2x Long Daily XRP ETF

Issuer

Teucrium Investment Advisors, LLC

Brand

Teucrium

Home Page

https://teucrium.com/XXRP

Inception Date

Apr 8, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Teucrium Investment Advisors LLC

Distributor

Pine Distributors LLC

XXRP aims to deliver twice the daily returns of XRP through XRP-related investments like swap agreements, futures, and options, through a Cayman Island subsidiary. The fund does not directly invest in XRP. XRP-related investments may incur extra costs compared to direct XRP investments, and 24-hour XRP trading can cause return discrepancies. To pursue its objective, the fund primarily uses swap agreements referencing the CME CF XRP Reference Rate, XRP Index, and Spot XRP ETPs listed in Europe. The fund may also engage in reverse repurchase agreements and holds cash or high-quality securities for liquidity and collateral purposes. Daily compounding and rebalancing can lead to returns differing from the expected 2x performance of XRP over extended periods. High portfolio turnover is likely due to daily XRP price adjustments.