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ETF issuer Teucrium will launch a Reverse XRP ETF

DailyNews
XRP2,61%

Golden Finance reports that the exchange-traded fund issuer Teucrium has announced plans to launch a Reverse XRP ETF, allowing investors to profit from the fall in XRP prices, although a demand assessment is required. Additionally, Teucrium has launched the first XRP exchange-traded fund in the U.S., the Teucrium 2x Long Daily XRP ETF, which aims to provide twice the daily return of XRP through swap agreements and uses European exchange-traded products as a reference Interest Rate.

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