On April 8th, Teucrium launched the first 2x leveraged ETF (XXRP) related to XRP in the United States, with the possibility of trading XRP futures or other related instruments to provide the market with XRP exposure.

Trump's recent tariff policy has triggered global market volatility, with traditional assets being sold off, causing some funds to flow into cryptocurrencies as a hedge. Despite market sentiment still being under pressure, XRP investment enthusiasm has rebounded due to the SEC dropping its lawsuit against Ripple and the expected listing of a leveraged XRP ETF.

Bitunix analysts suggest: The market volatility from Trump's tariff policy and the recent SEC dropping of the lawsuit against Ripple have jointly increased market attention to cryptocurrencies as a hedge asset. However, this has also intensified short-term fluctuations. Investors should focus on XRP's performance in the support range of $1.76 to $1.61 and resistance at $2.2, and develop reasonable trading strategies based on their own risk tolerance.