Inverse XRP ETF to be Launched by Teucrium
ChainCatcher reports, according to CoinDesk, that exchange-traded fund issuer Teucrium announced plans to launch an inverse XRP ETF, allowing investors to profit from the decline in XRP prices, pending a demand assessment.
Additionally, Teucrium has launched the first US XRP exchange-traded fund, the Teucrium 2x Long Daily XRP ETF, which aims to provide twice the daily return of XRP through swap agreements and uses a European exchange-traded product as a reference rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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