- Teucrium CEO Sal Gilbertie revealed the firm’s strategic choice to back XRP with a 2X leveraged ETF, citing its unmatched utility and real-world use cases.
- Highlighting Ripple’s professional team and vision for financial tokenization, Gilbertie emphasized XRP’s role in bridging traditional finance with decentralized systems.
Early this month,Teucrium Investment Advisors LLC introduced the first leveraged XRP exchange-traded fund in the United States. Following the release, the product made a splash on its first day of trading. Notably it outperformed similar Solana-based products.
In a recent Bloomberg interview, Teucrium CEO Sal Gilbertie took the stage to reaffirm the firm’s commitment to XRP. The CEO put a limelight on the token’s real-world utility and long-term value proposition
The decision to launch a 2X Leveraged XRP ETF, he explained, stems from Teucrium’s belief that XRP offers far more than speculative appeal, it delivers practical functionality backed by a professional development team.
We chose XRP because we believe it’s the coin with the most utility, It’s not just speculation; it facilitates real transactions. Ripple is a team of true professionals.
Gilbertie stated.
Evidently, Gilbertie drew a perfect demmacation between XRP and other digital tokens. Notably, he pointed out to Bitcoin which serves as a store of value. XRP on the other hand, pllays an active role in facilitating cross-border transactions.
According to him, this utility gives XRP a strong foundation that appeals to both institutional and retail investors looking for substance over hype.
XRP’s Entry into Wall Street
The newly launched 2X leveraged XRP ETF is tailored for short-term traders seeking amplified exposure to XRP’s daily price action, without the complexity of using a margin account. Gilbertie noted that interest in the product is robust, citing over six million XRP wallets as a clear indicator of demand.
While acknowledging the inherent risks of leveraged products, he emphasized that the ETF is aimed at sophisticated retail and professional traders who understand the dynamics of daily rebalancing.
Beyond mere trading, Gilbertie sees the digital asset as part of a broader shift in financial infrastructure. Ripple, he said, is laying the groundwork to “tokenize everything,” highlighting the firm’s acquisition of Hidden Road, a broker-dealer and clearing member. He called it a pivotal step toward bridging the gap between traditional finance and decentralized ecosystems.
Shifting Regulatory Tides
Discussing the regulatory environment, Gilbertie credited a more favorable climate under new SEC leadership as a key enabler for launching crypto-related ETFs.
The old SEC leadership was a blocker to crypto innovation. But the current SEC appears more open-minded,
he remarked.
Teucrium’s application for the XRP ETF came at a time of regulatory transition, and Gilbertie praised the SEC staff for being cooperative and constructive.
It’s really the leadership that makes the difference,
he said.
What’s Next for Teucrium?
Buoyed by the strong debut of the ETF—which saw over $5.3 million in first-day turnover despite a bearish market—Teucrium is already planning its next move. The firm has filed for an inverse XRP product and is closely monitoring investor appetite.
We don’t launch funds unless we truly believe in the asset, We believe in XRP. Its use case is proven—it just needs to expand.
Gilbertie concluded.
As traditional and decentralized finance converge, Teucrium is betting that XRP will remain at the forefront of this evolution.