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ETF issuer Teucrium will launch a reverse XRP ETF

Internet reports that exchange-traded fund issuer Teucrium announced plans to launch a reverse XRP ETF so that investors can profit from falling XRP prices, subject to a needs assessment. In addition, Teucrium has launched the U.S.'s first XRP exchange-traded fund, the Teucrium 2x Long Daily XRP ETF, which aims to provide twice the daily return of XRP through a swap agreement and uses European exchange-traded products as a reference rate.

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