Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Teucrium launches the first XRP leveraged ETF "Teucrium 2x Long Daily XRP ETF"

PANews, April 8th news, according to Bloomberg, Teucrium Investment Advisors has launched the first leveraged ETF linked to the cryptocurrency XRP, called “Teucrium 2x Long Daily XRP ETF”, with the code XXRP, and an expense ratio of 1.85%. It was listed in the U.S. today. This ETF aims to provide double daily returns on XRP, with the issuance closely following the U.S. SEC’s withdrawal of the lawsuit against Ripple, and the market expects that a Spot XRP fund may follow.

XRP-7.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
BaoyiBirdvip
· 04-08 04:01
——An Awakening of a Newbie: A Blood and Tears Complaint: How the "Bitcoin Big Brother" in the crypto world Emptied Your Wallet with "Guaranteed Rise" Talk? I used to be the most devout "believer" in the crypto world. In June 2024, I was attracted by the public live channel of "Bitcoin Big Brother"—the number of viewers was soaring, the background was the skyrocketing BTC curve, and the slogan was deafening: "Follow me, 100x coin is your ATM!" 1. Brainwashing Quartet: From Doubt to Madness 1. The "Deification" Persona • Group Actors Cooperation: The live channel arranged "accomplices" to spam crazily: "The sol bought from Big Brother has increased 10 times!" "Thanks to Big Brother, I reached financial freedom!" (Later found out that these accounts were all small accounts). 2. Fear Manipulation • Creating Anxiety: Daily pushes like "Missing Bitcoin = Missing an Era" and "Only 30 days left in the bull run," using countdowns to create urgency. 3. "Guaranteed Rise" Talk • Pseudo Technical Analysis: Drawing "mysterious channels" on the Candlestick Chart, claiming "if it falls below a certain level, it will rise. Using "Wave Theory" to explain the logic of altcoin big pumps. If you have been scammed by it, please share this to prevent newbies from falling into the trap.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)