Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Stock Price Down 5.8% – Here’s Why

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) traded down 5.8% during trading on Friday . The company traded as low as $20.45 and last traded at $20.61. 99,786 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 253,744 shares. The stock had previously closed at $21.87.

Teucrium 2x Long Daily XRP ETF Stock Performance

The firm has a 50 day simple moving average of $25.05 and a two-hundred day simple moving average of $43.31.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC acquired a new position in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,266 shares of the company’s stock, valued at approximately $428,000. Flow Traders U.S. LLC owned approximately 0.08% of Teucrium 2x Long Daily XRP ETF as of its most recent filing with the Securities and Exchange Commission.

About Teucrium 2x Long Daily XRP ETF

The Teucrium 2x Long Daily XRP ETF (XXRP) is an exchange-traded fund that mostly invests in long xrp, short usd currency. The fund 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 XXRP was launched on Apr 8, 2025 and is issued by Teucrium.