Teucrium首席执行官Sal Gilbertie解释了推出2倍杠杆XRP ETF的基本原理

Teucrium首席执行官Sal Gilbertie最近对公司决定推出2倍杠杆XRP ETF的决定有了深刻的了解，理由是对XRP的实用程序和现实世界中的用例有着强烈的信念。

In a recent interview with Bloomberg, Sal Gilbertie, CEO of Teucrium Investment Management, discussed the company’s decision to launch a 2X leveraged XRP ETF, highlighting the token’s utility and real-world use case.

Teucrium Investment Management首席执行官Sal Gilbertie最近接受了彭博社的一次采访，讨论了该公司推出2倍杠杆XRP ETF的决定，重点介绍了令牌的实用程序和现实世界中的用例。

Known for rolling out the first U.S. futures ETF earlier this year, Teucrium has again made headlines with its 2X leveraged XRP ETF.

Teucrium以今年早些时候推出了美国第一个期货ETF而闻名。

Having already obtained approval from the Securities and Exchange Commission (SEC) for a bitcoin futures ETF in 2021, Teucrium is now focusing on blockchain assets.

Teucrium已经在2021年获得了证券交易委员会（SEC）的比特币期货ETF的批准后，现在正专注于区块链资产。

Outlining XRP’s unique properties, Gilbertie said that the token stands out among cryptocurrencies. In his view, XRP is special not only as a tradable asset but also as a token with a defined role and the support of a serious development team.

吉尔伯蒂（Gilbertie）概述了XRP独特的属性，表示代币在加密货币中脱颖而出。他认为，XRP不仅是可交易资产的特殊之处，而且是具有明确角色和认真开发团队的支持的令牌。

“We chose XRP because we believe it’s the coin with the most utility. It’s not just speculation; it facilitates real transactions. Ripple is a team of true professionals,” Gilbertie stated.

吉尔伯蒂说：“我们之所以选择XRP，是因为我们认为这是最有用的硬币。这不仅是猜测；它促进了真正的交易。Ripple是一个真正的专业人士团队。”

He further explained that XRP is a practical tool for transferring value, in contrast to other tokens which have been criticized for their purely speculative nature.

他进一步解释说，XRP是转移价值的实用工具，而其他代币则因其纯粹的投机性而受到批评。

“Bitcoin is a store of value, and that’s valid. But XRP has a real use case.”

“比特币是一个价值存储，这是有效的。但是XRP具有真实的用例。”

When asked about the demand for the product, Gilbertie highlighted the interest from investors, considering there are over six million XRP wallets. He added that the firm is offering a new way for investors to engage with XRP.

当被问及对产品的需求时，吉尔伯蒂强调了投资者的兴趣，考虑到有超过600万个XRP钱包。他补充说，该公司正在为投资者提供与XRP互动的新方式。

While acknowledging the risks associated with leveraged products, Gilbertie emphasized that the ETF is designed for sophisticated retail and professional traders who are aware of the heightened risk profile.

吉尔伯蒂（Gilbertie）在承认与杠杆产品相关的风险时强调，ETF专为意识到风险增加的精致零售和专业贸易商而设计。

Beyond trading, Gilbertie believes that XRP and Ripple are setting the stage for broader financial transformation. He hinted at Ripple’s plans to “tokenize everything.”

除了交易之外，吉尔伯蒂（Gilbertie）认为，XRP和Ripple正在为更广泛的财务转型奠定基础。他暗示了Ripple的计划“将所有内容都归功”。

Moreover, he mentioned Ripple’s recent acquisition of Hidden Road, a broker-dealer and clearing member, as a significant step toward integrating traditional finance with decentralized finance (DeFi).

此外，他提到了Ripple最近收购了一名经纪交易商和清算成员Hidden Road的收购，这是将传统财务与分散财务融合（DEFI）迈出的重要一步。

In Gilbertie’s vision, the future will see traditional financial infrastructure converge with decentralized systems, rendering the present system more efficient. However, he cautions that this transition will take time.

在吉尔伯蒂（Gilbertie）的愿景中，未来将使传统的金融基础设施与分散系统汇聚在一起，从而使当前系统更加有效。但是，他警告说，这种过渡将需要时间。

Meanwhile, the host of the interview noted how surprising it is that Teucrium secured approval for the XRP ETF, especially considering that such a product would have been nearly impossible to launch just a year ago.

同时，访谈的主持人指出，Teucrium获得了XRP ETF的批准是多么令人惊讶，尤其是考虑到一年前几乎不可能推出这种产品。

According to Gilbertie, this shift is due to new leadership at the SEC. He stated that the old SEC leadership was an obstacle to crypto innovation, but the current leadership appears more open-minded.

吉尔伯蒂（Gilbertie）认为，这种转变归功于SEC的新领导。他说，旧的SEC领导层是加密创新的障碍，但目前的领导人似乎更加开放。

“The old SEC leadership was a blocker to crypto innovation. But the current SEC appears more open-minded,” he said.

他说：“旧的SEC领导层是加密创新的阻碍者。但是当前的SEC似乎更加开放。”

According to Gilbertie, Teucrium applied for approval during a transitional period at the SEC, which made a difference in their interactions with the staff.

根据吉尔伯蒂（Gilbertie）的说法，Teucrium在SEC的过渡期内申请了批准，这改变了他们与员工的互动。

“We applied for the product last year during a transitional period at the SEC, and we had a great time working with the staff. It’s really the leadership that makes the difference,” he added.

他补充说：“我们去年在SEC的过渡期内申请了该产品，我们与员工合作度过了愉快的时光。实际上，领导才能有所作为。”

After successfully launching the leveraged XRP ETF, which notably achieved a first-day turnover of over $5.3 million despite the bearish market conditions, Teucrium is already looking ahead.

在成功推出了杠杆XRP ETF之后，尽管看跌市场状况，但尤其是超过530万美元的营业额，Teucrium已经在展望。

Now, the CEO revealed that the company has filed for an inverse product and is interested to see if there will be any interest from investors in such a product.

现在，首席执行官透露，该公司已申请了一种反产品，并有兴趣查看投资者对这种产品是否有兴趣。

“We don’t launch funds unless we truly believe in the asset. We believe in XRP. Its use case is proven—it just needs to expand,” Gilbertie concluded.

吉尔伯蒂总结说：“除非我们真正相信资产，否则我们不会推出资金。我们相信XRP。它的用例已被证明 - 只需要扩展。”