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Consolidated Portfolio Review discloses 10,500 XRP ETF shares
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Consolidated Portfolio Review discloses 10,500 XRP ETF shares

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  • Consolidated Portfolio Review disclosed a 10,500-share investment in the Teucrium 2x Long Daily XRP ETF.
  • The filing shows another institutional investor has gained regulated exposure to XRP through an exchange-traded fund.
  • The disclosure comes as interest in crypto investment products continues to grow.

Consolidated Portfolio Review disclosed a holding of 10,500 shares in the Teucrium 2x Long Daily XRP ETF, according to a recent regulatory filing.

The investment manager oversees about US$592 million in assets, and the filing adds to signs that institutional investors are using regulated products to gain exposure to XRP (CRYPTO:XRP).

The Teucrium 2x Long Daily XRP ETF aims to deliver twice the daily price movement of XRP rather than holding the cryptocurrency directly.

The filing highlights continued institutional interest in crypto-linked investment products as the market awaits decisions on spot XRP ETF applications.

The leveraged ETF gives investors exposure to XRP through a regulated exchange-traded product without requiring direct ownership of the token.

Teucrium launched the fund earlier this year, joining a growing list of asset managers offering cryptocurrency investment products through traditional financial markets.

At the time of reporting, XRP price was $1.08.

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