ETF Issuer Teucrium to Launch Inverse XRP ETF

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According to CoinDesk, as reported by ChainCatcher, the exchange-traded fund issuer Teucrium announced plans to launch an inverse XRP ETF, allowing investors to profit from XRP price declines, subject to demand assessment.

Additionally, Teucrium has launched the first US XRP exchange-traded fund, Teucrium 2x Longing Daily XRP ETF, aimed at providing twice the daily returns of XRP through swap agreements, using European exchange-traded products as a reference rate.

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