“Sal Gilbertie says hundreds of millions of dollars arrived in about 16 weeks, credits the XRP Army for fast traction and forecasts a broad crypto ETF wave.”, — write: www.coindesk.com
Gilbertie said inflows reached “hundreds of millions” in roughly 16 weeks and described the response as “extraordinary.”
Although he claims to be an “XRP enthusiast,” he argued the bigger opportunity for investors may be backing companies that adopt blockchain rather than trying to guess the next winning coin, likening today’s backdrop to the internet’s build-out in the 1990s. Asked whether an ETF boom is coming across the crypto ecosystem, he answered there is “no question.”
Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025 and listed on NYSE Arca, is designed to deliver twice the token’s daily move without holding XRP directly.
According to the fund’s fact sheet, the strategy primarily uses total return swaps with major financial institutions and may employ cash-settled XRP futures to reach its 2x daily objective before fees and expenses. The design is explicitly daily and not intended to achieve its stated multiple over multi-day periods.
Fund disclosures caution that compounding and volatility can cause multi-day returns to differ — sometimes sharply — from 2x XRP, and the product can lose money even when XRP is flat or rising over longer spans; additional risks include leverage, tracking and correlation slippage, counterparty exposure on swaps, liquidity factors, and typical ETF trading frictions such as premiums, discounts and wider bid-ask spreads.
According to CoinDesk Data, at 12:55 pm London time on Oct. 26, 2025, XRP traded at $2.64, up 2.2% over 24 hours and 26% year to date (YTD). Per data from Yahoo Finance, Teucrium 2x Long Daily XRP ETF (XXRP) finished Friday’s regular session at $22.90, up 7.06% on the day, and down 15.03% YTD.
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The proposed Batch amendment for the XRP Ledger introduces atomic transaction capabilities.
- The proposed Batch amendment for the XRP Ledger introduces atomic transaction capabilities.
- This amendment is particularly beneficial for NFT trades, enabling seamless NFT-to-NFT swaps in a single transaction to ensure security and atomicity, according to a validator.
- The Batch amendment has reached 68.57% consensus among validators, with 80% required for activation.
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