XRP News: Teucrium’s XXRP ETF Explodes With $5M Day-One Surge – XRP Price Set to Skyrocket to $5?

Among the best-performing ETF debuts in the United States, Teucrium launched the 2x Long Daily XRP ETF (XXRP). With $5 million of first-day trading volume, the product ranked among the top 5% of all ETF debuts. The company plans expansion using an inverse version of the fund by offering traders a way to benefit from both upside and downside XRP price movements. The robust launch signals an increasing institutional desire for higher-level XRP investment goods.

Launch Performance and Product Mechanics

Teucrium’s XXRP ETF gives investors leveraged exposure to XRP’s daily price movements, aiming to deliver 2x returns using swaps and exposure to European XRP ETPs. This structure avoids direct XRP network custody while tracking its price performance closely. The ETF launched with a 1.85% expense ratio and has already made a mark, drawing $5 million in trading volume on day one, an indicator of strong demand. CEO Sal Gilbertie described the response as “overwhelming,” crediting a more crypto-friendly regulatory shift for the quick filing and approval process. 

Teucrium, previously focused on agricultural ETFs, is now positioning itself as a serious player in crypto-linked financial products. Plans are already underway to launch an inverse version of XXRP, giving investors the ability to benefit from bearish XRP moves. Combined with recent legal wins for Ripple and speculation around a future XRP spot ETF, this launch adds momentum to XRP’s broader institutional narrative. Teucrium is betting that XRP is no longer just a retail story; it’s entering the ETF era. Let’s take a look at XRP price prediction to see how this development impacts the price of XRP.

XRP Price Prediction for April 10, 2025

The 15-minute chart of XRP/USDT shows recent volatility. The price surged from the $1.75 support to a sharp rally above $2.10 before facing heavy resistance. The move was accompanied by a strong RSI push into the overbought zone, indicating overextension. Since then, the XRP price has pulled back and is now trading around $1.98, with RSI cooling to 39.53, near oversold levels. The MACD highlights a bearish reversal with a clear death cross and red histogram bars, pointing to declining momentum.

Chart 1: Analysed by vallijat007, published on TradingView, April 10, 2025

A failure to reclaim the $2.00 psychological mark could see XRP retest the $1.95–$1.90 support zone. If that level breaks, the price may drift toward the earlier support zone, which is near $1.75. Conversely, a bounce above $2.00 could revive the bullish move, potentially retesting $2.10. The overall structure shows bullish enthusiasm fading after a parabolic run, with technical indicators suggesting consolidation or short-term downside unless bulls defend support levels aggressively. XRP remains in a vulnerable zone post-rally.

XRP ETF Marks Institutional Turning Point

Teucrium’s XXRP launch signals a broader shift in how XRP is viewed by institutions. With strong trading volume out of the gate and plans for an inverse product, Teucrium is giving traders both long and short exposure to the XRP network in a regulated format. This debut, coupled with ongoing legal clarity and rising demand for structured crypto products, shows that XRP’s ETF era is just beginning. Whether retail or institutional, the market is watching, and responding, with clear interest.

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