US to get its first XRP-based ETF, launching on NYSE Arca

Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca. The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1. 85% management fee and annual expense ratio, according to the company’s website. The XRP-based ETF will trade under the XXRP ticker beginning April 8 source: https://cointelegraph.com/news/teucrium-launch-first-leveraged-xrp-etf-in-us-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound