• ETF saw a strong debut with five consecutive days of inflows and rising volumes
• Standard Chartered predicts XRP could hit $5.50 by 2025, on the back of its bullish momentum

The crypto market appears to be regaining its footing once again, especially after the temporary pause in Trump’s proposed tariff plans. These had initially sparked investor anxiety across the board. 

This broader market rebound coincided with growing momentum for Ripple Labs-linked XRP’s price. That’s not all though as until 11 April, the Teucrium 2x Long Daily XRP ETF saw consistent inflows for five consecutive days.  

Community on Teucrium 2x Long Daily XRP ETF’s impressive launch

Commenting on this impressive start, a Senior ETF analyst at Bloomberg, Eric Balchunas, noted, 

He wasn’t the only one though, with many in the crypto market echoing similar sentiments. For instance, one X user noted, 

“Yo, this $XXRP thing’s got that dawg in it fr”

Another X user added,  

“Dayum, that volume is bussin’! Indie projects wildin’.”

XXRP’s performance so far

Following its approval by NYSE Arca, the Teucrium 2x Long Daily XRP ETF made a notable entrance into the market. On launch day, the fund attracted significant attention, closing at $23.37 with a trading volume surpassing $5.5 million.

Momentum quickly built over the following days. In fact, by 09 April, the volume had surged by over $13.3 million as the price climbed to $28.92.

As expected, activity remained strong throughout the week, with 10 April seeing nearly $8.9 million in volumes and a close at $27.07.

The ETF hit a new high on 11 April though, peaking at $29.21 with over $8.5 million in daily trades – A sign of sustained investor interest.

Here, it’s worth noting that while the XRP ETF enjoyed strong momentum, Spot Bitcoin [BTC] and Ethereum [ETH] ETFs faced outflows of $1 million and $29.2 million, respectively. This, according to the findings of Farside Investors.

XRP’s price action

However, despite broader market volatility, Bitcoin, Ethereum, and XRP have all recorded comparable gains over the past 24 hours, with XRP leading slightly at 3.09%.

Trading at $2.05 at press time, XRP appeared poised for further upside on the charts. Especially in light of Standard Chartered’s bullish forecast, with the firm projecting that the token could hit $5.50 by the end of 2025.

This would mark a remarkable 200%+ hike in value.

As it stands, there is enough market confidence, with the same illustrated by Polymarket data highlighting a 59% chance of a U.S-approved Spot XRP ETF by year-end. Hence, the foundation for a sustained rally might just be increasingly solid.