
Crypto researcher SMQKE (@SMQKEDQG) highlighted a recent interview clip featuring Teucrium CEO Sal Gilbertie, where he discussed the successful launch of the first XRP exchange-traded fund (ETF) in the U.S. Speaking with Nate Geraci, Gilbertie described the fund’s debut as the most successful launch in Teucrium’s history. Gilbertie stated there was “overwhelming excitement” surrounding the ETF, noting that the firm had initially been overlooked despite being the only one to file with a ticker. “It kind of took people by surprise,” he said, pointing out that their filing was made immediately after changes at the U.S. Securities and Exchange Commission (SEC). TEUCRIUM CEO: “THE XRP ETF WAS OUR MOST SUCCESSFUL LAUNCH DAY TO DATE FOR FUND WE’VE EVER DONE” “Terrific response” “Overwhelming excitement” Institutional investors are eager to acquire XRP through their preferred investment vehicles. Listen closely. https://t.co/W2n4f2OyjR pic.twitter.com/ypi5GQVAhr — SMQKE (@SMQKEDQG) April 11, 2025 In late 2024, former SEC Chair Gary Gensler announced he would on January 20, giving way to a crypto-friendly administration under Donald Trump and his new SEC Chair Paul Atkins. Teucrium filed for the ETF around this time, and according to Gilbertie, the effectiveness period concluded over the weekend, leading to seeding on Monday and the official launch on Tuesday, April 8. Details of the ETF Listing and Performance The new Teucrium 2x Long Daily XRP ETF is now listed on the New York Stock Exchange Arca (NYSE Arca). The fund is designed to deliver twice the daily performance of XRP, offering a leveraged investment vehicle aimed at institutional investors and experienced traders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Gilbertie indicated that nearly two hundred thousand shares traded on day one, calling it a “terrific” result and confirming it was their most successful ETF launch to date. Regulatory Position and Market Implications The ETF’s structure makes it operate without requiring direct approval from the SEC due to its leveraged commodity-style format. This structure enabled the product to come to market quicker than other applications awaiting ETF approval and potentially set a model for similar offerings tied to other digital assets. Teucrium has historically focused on commodity-based ETFs but is now expanding into cryptocurrency, signaling the maturing relationship between institutional finance and digital assets. The recent conclusion of Ripple’s legal battle with the SEC has also boosted the XRP’s legal clarity and removed the uncertainty that plagued the market for years. This legal clarity likely supported the product’s approval path and market appeal. SMQKE, who shared the interview excerpt, emphasized Gilbertie’s remarks about the fund’s performance, including his description of a “terrific response” and strong interest from institutions. While the ETF’s leveraged nature may not suit all investors, it represents a new avenue for those seeking amplified XRP exposure through regulated investment platforms. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Teucrium CEO: XRP ETF Was Our Most Successful Launch Day to Date appeared first on Times Tabloid .
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Grayscale Reveals List of Potential Projects for Future Investment Products

Grayscale, one of the leading asset management firms in the cryptocurrency field, has recently updated its register of possible projects that may be incorporated into its future investment offerings. This has generated quite a stir in the crypto community, as Grayscale seems to be giving more and more attention to the blockchain-based investment opportunities space. Although the future shift of the company’s investment focus isn’t yet clear, the list does provide insight into how Grayscale may direct its future project and investment research. The well-managed investment products of Grayscale, such as the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE), make it possible for both institutional and retail investors to gain exposure to two of the most significant cryptocurrencies. This foray into additional blockchain projects—many of which are not well-known yet—suggests a further broadening of Grayscale’s exposure into the space. New Projects Under Consideration for Future Investment A diverse array of blockchain projects is being considered by Grayscale for possible future inclusion in its investment products. These projects are drawn from several different industry sectors and from both established and new emerging technology companies. Some of the forthcoming projects are tokens that are already quite familiar to the public, such as Aptos ($APT), Arbitrum ($ARB), and Binance Coin ($BNB). Aptos and Arbitrum are both Layer 1 blockchain projects that, in recent months, have drawn a great deal of attention for their scalability and performance. And the native token of Binance, one of the largest cryptocurrency exchanges in the world, continues to play a vital role in the blockchain ecosystem. Grayscale has also included in its list rising projects such as Mantle, The Open Network, and VeChain. Mantle is a project with the same vision as Ethereum. It seeks to create an ecosystem that is decentralized. On the other hand, the Open Network’s claim to fame is that it is the native blockchain of the app Telegram. Telegram is a messaging app with millions of active users, so an app on its blockchain isn’t going to lack end-users. Finally, Grayscale names VeChain, which has a blockchain and smart contracting platform focused on supply chain logistics and has been gaining serious traction in enterprises. Other important projects being considered include Tron ($TRX), Pendle ($PENDLE), and Ondo Finance ($ONDO). Tron, a blockchain noted for its high throughput and low transaction costs, has been exerting a considerable influence in the DeFi space. Pendle opts for a more avant-garde approach by not only giving its users an opportunity to earn yield but also allowing them to trade that yield. Ondo Finance, a platform concerned with decentralized structured finance products, is notable for its unique approach to rendering traditional financial instruments in a manner that is both decentralized and efficient. Grayscale is also investigating projects like Immutable X ($IMX), with an emphasis on expanding the non-fungible token (NFT) market in a gasless environment, and Fetch.ai ($FET), a blockchain platform architected for “smart” autonomous economic systems. A Broad Spectrum of Blockchain Technologies Grayscale’s database also includes less prominent, yet captivating, projects. Some of these, not as widely recognized, are AIXBT, Arweave ($AR), and Eigenlayer ($EIGEN). They are working on something intriguing and materially significant: exploring the use of blockchain technology for a new set of use cases in areas like data storage, decentralized infrastructure, and data security. In the pipeline, there are other projects like Geodex ($GEOD). It deals with not doing something very well (in our opinion) and focusing (in our opinion) on something much more sensible and doable: managing geospatial data. Then there’s Helium ($HNT), which is using blockchain technology to build a decentralized wireless network. In both projects, what you see is blockchain technology being applied to the management of very large, very promising datasets. @Grayscale cập nhật danh sách các dự án tiềm năng quỹ đang cân nhắc đưa vào các sản phẩm đầu tư trong tương lai ➣ Các dự án đang xem xét $APT $ARB $TIA $HBAR $MNT $TON $TRX $VET $AREO $BNB $ENA $HYPE $JUP $ONDO $PENDLE $PLUME $AIXBT $IMX $IP $AKT $FET $AR $EIGEN … https://t.co/2Y2K7SO7Ed pic.twitter.com/UehGoLyd3p — Blog Tiền Ảo (@blogtienao_hq) April 12, 2025 Even though these projects are still under evaluation, Grayscale’s interest points to something very significant—the increasing diversity of the blockchain ecosystem. The firm wants the public to know that it is going after a huge number of different projects, spread across a wide range of industries and use cases. Projects Still Awaiting Classification Alongside the projects that are currently being considered, Grayscale has also provided a list of other undertakings that have yet to receive any classification. These encompass Babylon ($BERA), Monad ($MOVE), and Lombard ($OM), which are all initiatives that, as of yet, have not been able to fully plant their feet in the market. Grayscale is keeping a close watch on these nascent projects for possible inclusion in its suite of investment vehicles. But they and other potential candidates have not yet demonstrated the kind of essential development that would demand immediate attention from Grayscale. Projects like $SYRUP, $ELIZA, $DEEP, and $GRASS are very much possible prospects for Grayscale investment in the future. But right now, they are early-stage projects that could go in any number of directions. Projects like Prime Intellect, Sentient Space and Time, and $WAL indicate that Grayscale is keeping an eye on far flung experimental blockchain developments, including all those that might venture into artificial intelligence (AI), space technologies, and pure futurism. Grayscale’s Strategy: A Window into the Future of Crypto Investment Grayscale is diversifying, just like its investors. The company—in recent months, anyway—has been starting to apply for a bunch of new projects, which it seems interested in attracting investors to. Since May, it has filed applications with the SEC for series of new projects. This appears to be something a number of cryptocurrency companies, Grayscale included, are doing to try to set up more stable investment vehicles in a time when the sector—especially the assets it attracts—has been more unstable than ever. The specific projects that end up being chosen for Grayscale’s investment products are what investors and market watchers will be paying close attention to. If Grayscale picks a project, it could help with the visibility and stature of that project in the broader financial world. Even more, with its often-maligned reputation, Grayscale’s choice could give the unchosen cryptocurrencies a kind of compliment sandwich—that is, a kind of way of saying, “You’re not bad, so we’ll include you in Grayscale’s financial parallel universe.” Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! TimesTabloid

Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day
The Bitcoin price action this weekend has been quite bubbly and impressive, with the premier cryptocurrency reclaiming the $85,000 level on Saturday, April 12. This burst of bullish momentum came after United States President Donald Trump’s exemption of smartphones, computers, and chips from the new trade tariffs. According to the latest on-chain data, the Bitcoin open interest (OI) has also enjoyed a similar level of resurgence in the past day. The Bitcoin price could be gearing up for an extended upward run, especially with the open interest metric on the rise. How The Latest Spike In Open Interest Could Affect The Market In a Quicktake post on the CryptoQuant platform, analyst Burak Kesmeci revealed that the Bitcoin open interest has seen a notable upswing in the past 24 hours on the world’s largest exchange by trading volume, Binance. The open interest metric measures the total amount of capital flowing into BTC derivatives at a given time. Related Reading: Fartcoin Dominates Crypto Recovery With 230% Surge, Is This A Good Time To Buy? An increase in the open interest usually indicates that Bitcoin traders are taking up new positions in the futures and options market. On the other hand, when the OI metric is declining, it means that BTC investors are exiting the derivatives market or their positions are getting liquidated. Data from CryptoQuant shows that Bitcoin’s open interest on Binance has increased by a strong 15.8% in the past 24 hours. This surge saw about $1.2 billion flow into derivatives in a single day, growing the OI on the world’s largest exchange from $7.6 billion to $8.8 billion. Kesmeci highlighted that this rapid rise in Bitcoin’s open interest suggests a substantial build-up of leverage positions within a short period. The Quicktake analyst noted that Binance now accounts for 31.4% of the market, with a total futures OI of around $28 billion. Kesmeci added: Binance isn’t just reflecting the market trend — it’s actively leading it. The analyst also revealed that such a significant spike in open interest signals heightened activity and increased market volatility, which could lead to sharp liquidations of both long and short positions. Hence, investors might want to exercise caution when opening short-term positions. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $85,240, reflecting a 2.5% increase in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is up by over 2% on the weekly timeframe. Related Reading: Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why Featured image from iStock, chart from TradingView TimesTabloid