Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Stock Price Down 6.3% – Here’s Why

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) shares fell 6.3% during mid-day trading on Wednesday . The stock traded as low as $2.66 and last traded at $2.68. 3,344,658 shares were traded during trading, an increase of 28% from the average session volume of 2,617,477 shares. The stock had previously closed at $2.86.

Teucrium 2x Long Daily XRP ETF Trading Down 6.3%

The firm’s fifty day moving average price is $3.68 and its 200-day moving average price is $6.48.

Hedge Funds Weigh In On Teucrium 2x Long Daily XRP ETF

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

Teucrium 2x Long Daily XRP ETF Company Profile

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.