Teucrium's XRP ETF Tops $500 Million in Assets in 12 Weeks
Teucrium's XRP exchange-traded fund has surpassed $500 million in assets just 12 weeks after launch, underscoring strong investor appetite for XRP exposure through traditional market products.
In a recent CoinDesk interview, Teucrium CEO Sal Gilbertie said the fund drew "half a billion dollars in just 12 weeks," highlighting the speed of inflows. The early momentum stands out because the product is paper-based rather than a spot crypto ETF that holds the underlying asset—a structure that typically appeals less to investors seeking direct token ownership. Despite that, demand has accelerated, suggesting growing comfort with accessing XRP via regulated wrappers.
More broadly, XRP-linked ETFs have taken in $1.4 billion over the past four months, pointing to a shift in how retail and institutional investors are approaching crypto exposure. These vehicles offer a regulated, user-friendly alternative to managing wallets and private keys, helping move digital assets further into mainstream portfolios.
Gilbertie credited the fund's traction in part to the highly engaged XRP community, often referred to as the "XRP Army." "XRP community is an army, and they're willing to go to battle. They really are," he said.
Gilbertie also outlined an expansive view of Ripple's longer-term ambitions, arguing that securing a banking license could position the company to become a top-20 global bank. He said Ripple's cross-border infrastructure could enable it to compete with major financial institutions, drawing comparisons to JPMorgan, and framed XRP as a potential backbone for a new global financial architecture.
The surge in ETF inflows suggests more than a short-lived trade. Even without direct asset backing, Teucrium's strong early growth points to rising confidence in XRP's longer-term relevance as institutional interest builds and Ripple's strategy evolves.