Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Stock Price Down 2.3% – Here’s Why

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP)’s stock price traded down 2.3% during mid-day trading on Monday . The company traded as low as $11.57 and last traded at $11.71. 1,362,459 shares were traded during trading, a decline of 35% from the average session volume of 2,102,788 shares. The stock had previously closed at $11.98.

Teucrium 2x Long Daily XRP ETF Price Performance

The company has a 50 day simple moving average of $13.73 and a 200 day simple moving average of $28.01.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC bought a new position in shares of Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,266 shares of the company’s stock, valued at approximately $428,000. Flow Traders U.S. LLC owned about 0.08% of Teucrium 2x Long Daily XRP ETF at the end of the most recent quarter.

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.