- XXRP reached $122 million in AUM inside seven weeks, rating within the high 5% of all ETF launches.
- Polymarket XRP ETF approval odds jumped to 90%, with a choice from the SEC anticipated within the second half of 2025.
- Canada has permitted a number of XRP ETFs and has provided direct publicity not like Teucrium’s US futures-based merchandise.
Teucrium XRP 2X ETF (XXRP), a US-based fund that gives leveraged publicity to XRP futures, has gathered $122 million in property beneath administration (AUM) inside seven weeks of its launch. The fund’s early success is cited by CEO Sal Gilbertie as an indicator of sturdy underlying demand for US regulated XRP merchandise.
In keeping with Bloomberg ETF analyst Eric Bulknas, the fund, which offers leverage publicity to XRP futures, recorded a buying and selling quantity of $5 million on the primary day.
This buying and selling quantity has positioned XXRP within the high 5% of all ETF launches to date. Progress comes with out US XRP spot ETFs to the market, reflecting the rising institutional curiosity in XRP publicity via futures.
Teucrium CEO forecasts $8 billion spot ETF demand
Teucrium CEO Sal Gilbertie mentioned the fund’s early success at XRP Las Vegas 2025, highlighting the scale of XRP’s undervalued dimension. He mentioned,
“They underestimate the XRP neighborhood and Ripple.”
Sal Gilbertie mentioned demand for XRP ETFs might exceed $8 billion within the first yr. This quantity contrasts with JPMorgan’s estimated $4-8 billion.
“I might say $8 billion or extra,” Gilberty highlighted the energy of the XRP neighborhood and Ripple’s place available in the market. He additionally informed Bloomberg that XRP stands out for its usefulness in cross-border settlements.
The Teucrium XRP 2x ETF, traded as XXRP, continues to extend in quantity and asset inflows. That launch reveals that acceptance of leveraged crypto ETF merchandise will enhance even when regulators delay spot ETF choices.
XRP ETF Accepted Odds Leap to 90% with Polymet
Market sentiment seems to coincide with this bullish outlook. On the forecast platform Polymarket, XRP ETF approval odds rose to 90% in June, up from 70% that month. In keeping with platform information, as of June 20, 2025, the percentages remained at practically 88%.
Bloomberg ETF analyst James Seifert defined the benchmark for ETF success. He mentioned the XRP spot market represents round 7.5% of Bitcoin. So, when the brand new XRP ETF captures 7.5% of the Bitcoin ETF’s launch quantity, it reveals sturdy efficiency in comparison. At launch, Bitcoin ETF recorded a buying and selling quantity of $14 billion and a internet influx of $1.13 billion.
The Securities and Trade Fee (SEC) opinions a number of spot XRP ETF purposes. The businesses on the road embrace Grayscale, Vaneck, Bitwise and Canary Capital. A call is predicted to be made within the second half of 2025.
The Canadian XRP ETF market is increasing forward of US launch
US regulators weigh purposes, however Canada has permitted a number of XRP ETFs via securities authorities. The Ontario Securities Fee (OSC) has given approval to firms similar to Objective Funding, 3IQ, and Evolve.
In contrast to Teucrium XRP 2x ETFs that use futures, these Canadian XRP ETFs are instantly uncovered to XRP to buyers. Canada’s funding offers an instance of how regulators from different international locations have superior crypto ETF approvals, however the SEC XRP ETF choice is pending.
The Canadian market offers early information on buyers’ pursuits, fund flows and buying and selling actions. This might have an effect on the discussions on US spot ETFs later this yr.
Disclaimer: The data contained on this article is for data and academic functions solely. This text doesn’t represent any type of monetary recommendation or recommendation. Coin Version will not be answerable for any losses that come up because of your use of the content material, services or products talked about. We encourage readers to take warning earlier than taking any actions associated to the corporate.
