XRP ETF approval odds surge as Teucrium's 2x XRP ETF amasses $122M AUM, signaling strong institutional interest and underestimation by Wall Street.

XRP ETF Momentum: Teucrium's AUM Growth Signals Bullish Future

The buzz around a potential XRP ETF is reaching fever pitch, with Teucrium's 2x leveraged XRP ETF (XXRP) hitting a remarkable $122 million in AUM just seven weeks after launch. This rapid growth, coupled with rising approval odds, suggests Wall Street might be seriously underestimating the power of the XRP community and Ripple's influence.

Wall Street's XRP Awakening?

Teucrium ETFs CEO Sal Gilbertie made waves at XRP Las Vegas 2025, stating that Wall Street is underestimating the strength of the XRP community and Ripple's role. While JP Morgan estimates inflows of $4-8 billion for spot XRP ETFs in their first year, Gilbertie boldly predicts "$8 billion or maybe way more." He also highlighted XRP's utility in cross-border settlements, setting it apart from other cryptos.

Teucrium's XXRP: A Sign of Things to Come

Teucrium's 2x leveraged XRP ETF launched impressively, with $5 million in trading volume on its first day, placing it in the top 5% of all ETF launches. This early success demonstrates the growing appetite for regulated XRP products, even without a spot ETF on the market.

XRP ETF Approval Odds Skyrocket

The anticipation is palpable, with XRP ETF approval odds surging to 90% on Polymarket, a prediction platform. Bloomberg analyst James Seyffart suggests that if new XRP ETFs attract more than $85 million in their first week, it would be considered a "relative success." The SEC is expected to announce decisions in late 2025, with major players like Grayscale, VanEck, Bitwise, and Canary Capital vying for approval.

Canada Leads the Charge

While the U.S. SEC deliberates, Canada is already ahead of the curve. Firms like Purpose Investments, 3iQ, and Evolve have launched XRP ETFs with approval from the Ontario Securities Commission, offering investors direct exposure to XRP.

The Bottom Line

The evidence is mounting: institutional interest in XRP is growing, Teucrium's AUM is soaring, and approval odds are skyrocketing. Whether Wall Street fully appreciates it yet or not, the XRP ETF era may be just around the corner. And hey, maybe we'll all be sipping mojitos on a beach funded by our XRP gains soon enough! Cheers to the future!