XRP Short ETF Delayed Again as Teucrium Pushes Back Launch Date
The Teucrium 2x Short Daily XRP ETF has been delayed for the 19th time, pushing its effective date to October 11, 2026. The ETF is designed to deliver approximately twice the inverse of XRP's daily performance, meaning a 1% decline in XRP would theoretically translate into roughly a 2% daily gain before fees and other tracking effects.
The delay is unusual given that leveraged bullish XRP products are already trading in the US market. The Teucrium 2x Long Daily XRP ETF, XXRP, has been actively traded since its launch and has a substantial portfolio including XRP futures exposure. This raises questions about why the short product has not yet launched.
The SEC records show that Teucrium repeatedly used Form 485BXT to designate new effective dates for the fund, but the filings do not provide any clear reason for the delays. The latest postponement takes the tally to 19 since April 2025, and there is no indication of whether the SEC rejected the ETF or ordered Teucrium to postpone it.