Leverage Cutback: Teucrium’s 2x XRP ETF Sees Nearly $1M Walk Out in a Single Day
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Teucrium 2x Long Daily XRP ETF, the leveraged crypto product trading under ticker XXRP, recorded outflows of $946,500 on April 30, 2026, trimming risk exposure after a volatile stretch for digital assets. With assets under management now at $129.18 million, the latest redemption represents roughly 0.73% of the fund’s capital base, a modest but notable vote of caution from short-term traders.
The related asset, XRP-USD, is currently trading at $1.4117, having inched just 0.28% higher over the past three months, underscoring how range-bound price action can sap enthusiasm for geared products. Despite the muted medium-term move, the token’s 1-day technical signal stands at Buy, suggesting momentum traders may see scope for a short-term rebound that has yet to translate into fresh ETF inflows.
The disconnect between XRP’s constructive near-term technicals and capital leaving a 2x long vehicle hints that some investors are locking in prior gains or cutting leverage rather than abandoning the asset outright. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.