Teucrium CEO Sal Gilbertie has affirmed that the interest in XRP is massive, as its 16-week XRP ETF becomes the most successful fund in its history.
The XRP Army is unbelievable, Gilbertie implied in his Tuesday appearance on CNBC. He felt firsthand the daring and enthusiastic nature of the XRP community in Teucrium’s over three-month-old exchange-traded fund offering leveraged exposure to the prominent cryptocurrency.
Enormous Interest In XRP
Teucrium Trading launched the Teucrium 2x Long Daily XRP ETF (XXRP) on April 8 on the New York Stock Exchange (NYSE) after regulatory approval. Just over three months later, the leveraged fund has become the asset manager’s most successful product in its 16-year history.
“There is an enormous interest in XRP. They call it the XRP Army, and I realized they call it that for a reason,” Gilbertie stated when asked about the investor interest in XRP.
In its few weeks of trading, the Teucrium CEO stated that the 2x leveraged ETF has raked in millions of dollars. He revealed that his firm has never seen such a response for its product ever, an indication that investors love an XRP exposure.
Notably, XXRP now has an AUM of $382 million and becomes the first US-traded XRP ETF to record an inflow of over $300 million. Data shows that its net inflow of $323.6 million represents a staggering 52.5% of the total $616 million net inflows recorded by US XRP ETFs.
Teucrium CEO Reveals Why He Chose XRP
When asked why Teucrium chose XRP when it wanted to venture into crypto ETFs, Gilbertie noted that he was an XRP enthusiast. He said that he couldn’t overlook the opportunity to file for the product when he realized that it could get approved.
Furthermore, the Teucrium CEO emphasized that the product was what the market needed. Investors clearly wanted “some leverage” exposure to XRP, and Teucrium capitalized on the craving to gain market presence.
Meanwhile, this aligns with his early revelation in a recent Bloomberg interview. He noted that Teucrium chose XRP because it is the asset with the most utility and real-world use cases. According to the CEO, XRP’s value transcends mere speculation with its central utility in the Ripple cross-border business.
XRP Army Reacts
Interestingly, Gilbertie’s comment has elicited comments from the XRP community. One of the most notable reactions came from Linda P. Jones, a renowned financial advisor, author, and wealth manager.
“Love it!” she stated in reaction to the Teucrium CEO’s statement about the XRP Army.
Love it! https://t.co/iTzVBfwVEp
— Linda P. Jones (@LindaPJones) July 29, 2025
Notably, she has been a long-standing XRP enthusiast, stating at one point that those unexposed to XRP, including Bitcoin maxis, would regret it. She also agrees that XRP is the greatest opportunity for creating generational wealth.
Other reactions also noted that the strength of the XRP Army is now in mainstream news outlets, with some suggesting this is bullish for XRP.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
