Teucrium 2x Long Daily XRP ETF

Frequently Asked Questions About XXRP

What does XXRP invest in?

Listed Funds Trust - Teucrium 2x Long Daily XRP ETF is an exchange traded fund launched by Listed Funds Trust. The fund is managed by Teucrium Investment Advisors, LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities issues by government and corporations. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as swaps, options and futures to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary. It seeks to track -2x the daily price performance of XRP. Listed Funds Trust - Teucrium 2x Short Daily XRP ETF was formed on April 8, 2025 and is domiciled in the United States.

What is the expense ratio of XXRP?

Teucrium 2x Long Daily XRP ETF (XXRP) charges an expense ratio of 2.77%. This is the annual fee deducted from fund assets to cover management and operations.

Is XXRP a good long-term hold?

XXRP is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does XXRP's daily reset work?

XXRP rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is XXRP?

Teucrium 2x Long Daily XRP ETF (XXRP) manages $143.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is XXRP actively managed or an index fund?

XXRP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.