Key stats
About Listed Funds Trust Teucrium 2x Long Daily XRP ETF
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Inception date
Apr 8, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Teucrium Investment Advisors LLC
Distributor
Pine Distributors LLC
XXRP aims to deliver twice the daily returns of XRP through XRP-related investments like swap agreements, futures, and options, through a Cayman Island subsidiary. The fund does not directly invest in XRP. XRP-related investments may incur extra costs compared to direct XRP investments, and 24-hour XRP trading can cause return discrepancies. To pursue its objective, the fund primarily uses swap agreements referencing the CME CF XRP Reference Rate, XRP Index, and Spot XRP ETPs listed in Europe. The fund may also engage in reverse repurchase agreements and holds cash or high-quality securities for liquidity and collateral purposes. Daily compounding and rebalancing can lead to returns differing from the expected 2x performance of XRP over extended periods. High portfolio turnover is likely due to daily XRP price adjustments.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history