Robinhood Launches Teucrium 2x Leveraged XRP ETF Amid Record Inflows, Signaling Strong Institutional Interest
Robinhood has listed the Teucrium 2x Long Daily XRP ETF (XXRP), providing crypto traders with a leveraged exchange-traded fund that tracks Ripple’s XRP. The ETF delivers 2x exposure to XRP’s daily price changes, amplifying both gains and losses. Since its recent launch, XXRP has achieved record inflows, surpassing $106 million in assets despite XRP’s price volatility. Last week alone, it attracted $30.4 million in new investments—more than double the prior week—highlighting heightened demand for leveraged XRP trading among institutional investors and Wall Street. In comparison, other crypto ETF products like spot Ethereum ETFs saw much larger inflows, and Teucrium’s Solana ETF reached just $30 million.
The ETF’s debut on Robinhood, a mainstream trading platform, expands retail and institutional access to leveraged XRP products and is seen as a key step toward mainstream acceptance. Crypto influencer Kenny Nguyen emphasized this launch as a precursor to future spot XRP ETF approvals, with SEC decisions expected as early as June 2025. The XXRP ETF charges a higher expense ratio (1.89%) than projected spot ETFs but offers the appeal of doubling daily XRP movements, making it attractive for sophisticated traders seeking volatility.
Overall, XXRP’s strong inflows and presence on Robinhood indicate rising institutional appetite for leveraged XRP exposure. This may increase XRP market activity and volatility, particularly as further ETF products await regulatory review. Traders should remain mindful of the risks inherent in leveraged ETFs, which can magnify both profits and losses in volatile markets.
Bullish
The listing of Teucrium 2x Long Daily XRP ETF (XXRP) on Robinhood, coupled with record-breaking inflows of over $106 million, signals robust institutional and retail interest in leveraged XRP exposure. This development enhances XRP’s legitimacy within traditional finance and expands its reach in regulated U.S. markets. Leveraged ETF products tend to increase market activity and volatility, and historically, such strong inflows and mainstream platform adoption have been bullish catalysts for the underlying asset. The anticipation of future spot XRP ETF approvals could further amplify optimism. However, traders should remain aware of heightened risks introduced by leveraged products, which can intensify both gains and losses. Overall, the news is expected to have a bullish short-to-medium-term impact on XRP, with rising participation and trading volumes likely to drive price momentum.