XRP ETF Boost: Teucrium CEO Says XRP is the 'Most Useful' in Cryptocurrency

XRP is gaining attention as Teucrium launches the first XRP ETF, calling it the most useful currency in the market. Under the leadership of Sal Gilbertie, the company has made significant strides into the market. Teucrium generated $5.3 million in revenue on the first day of ETF trading, even as the market is bearish. Speaking with Bloomberg after the ETF launch, Gilbertie candidly explained why his company chose XRP. We choose XRP because we believe it is the most useful currency. It is not just speculation; it facilitates real transactions. Ripple is a group of true professionals. Gilbertie's comparison between XRP and Bitcoin has drawn a clear line between the two currencies. While Bitcoin often dominates headlines as a digital store of value, the head of Teucrium emphasizes a functional advantage for Ripple. "Bitcoin is a store of value and that is valid. But XRP has a real use case," he added. For investors looking beyond long-term holding, this is a recognition of XRP's potential for everyday finance. The Trust of Organizations Responds to the Motivation of Ripple Besides the currency itself, Gilbertie also emphasized that the experience of the Ripple team is a standout factor. According to him: They know what they are doing and they will be able to do this. His comments are not only based on optimism. For example, Ripple's acquisition of the brokerage firm Hidden Road is marked as a milestone in the integration of traditional and decentralized finance—a direction that Teucrium seems ready to support. Sal's comments on Ripple's leadership are consistent: he views them as experts reshaping the structure of financial interactions. He notes, "Ripple is a group of really professional people" and goes on to say that this organization reminds him of banking investors due to their clarity in mission and long-term discipline. On the Teucrium side, the excitement has not diminished since the launch of the ETF. The company is currently eyeing expansion after having filed for an inverse product. As Gilbertie mentioned: We don't launch a fund unless we really believe in the asset. We believe in XRP. Its use case is proven—it just needs scaling. The Utility of XRP Surges Beyond the Hype According to Gilbertie, a broader vision of XRP is tied to a world where tokenization is the norm. He believes that both Ripple and XRP play a crucial role in driving that change. From facilitating cross-border value transfers to stepping into institutional-grade finance, XRP has moved beyond speculative narratives. Gilbertie also emphasized the dual purpose of XRP—both as a tradable asset and as a real trading tool—which he sees as a rare combination in cryptocurrency. Its practical functionality within financial systems positions it as a candidate for long-term relevance. In summary, Teucrium's support and the following numbers in the first week of the ETF sent a strong signal. In an industry where flashy tokens appear and then disappear, the solid foundation and easily visible use case of XRP seem to be attracting a different kind of attention—a attention stemming from real demand and experienced leadership.

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Shouyuevip
· 04-24 07:43
Stop sending it every day, what's the point.
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Aya_Cryptovip
· 04-24 07:37
Ape In 🚀
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