XXRP was created on 2025-04-08 by Teucrium. The fund's investment portfolio concentrates primarily on long xrp, short usd currency. XXRP aims to provide 2x leveraged exposure to the daily price movement of XRP, less fees, and expenses. The fund uses over-the-counter swaps, futures, and XRP-related securities to pursue its objective. The fund does not hold XRP directly.