Teucrium Investment Advisors has launched the first-ever XRP-based Exchange-Traded Fund (ETF) in the United States. The Teucrium 2x Long Daily XRP ETF (ticker: XXRP) started trading on the NYSE Arca exchange on April 8, 2025. This marks an important moment as it’s the first ETF in the U.S. tied to XRP.
The XXRP ETF is a 2x leveraged fund, meaning it tries to double the daily price movement of XRP. This can lead to higher gains but also bigger risks because XRP is known for its price volatility. The launch of this leveraged ETF comes as interest in cryptocurrency-based ETFs grows, with other firms like Bitwise, WisdomTree, and Franklin Templeton also working on XRP-related ETFs. However, their filings are still under review by the U.S. Securities and Exchange Commission (SEC).
On the day the ETF launched, XRP’s price moved a lot. It briefly went up by 6% to just under $2 before dropping those gains.
A New Era of Crypto-Related ETFs
Teucrium’s XXRP is part of a larger trend where more investors are looking for ways to gain exposure to cryptocurrencies like XRP without actually buying and managing the coins themselves. Cryptocurrencies are still new to the ETF world, and XXRP offers a new investment option for those interested in the digital asset market.
As the first leveraged XRP ETF in the U.S., XXRP is setting a new standard. The coming months will reveal how well it performs, especially with XRP’s price volatility and the regulatory challenges ahead.
How to Invest
If you manage your own investments, you can buy Teucrium’s ETFs through your broker’s website. Many popular brokerage platforms allow you to invest in these funds. Some of the more common ones are Ally Invest, Charles Schwab, eTrade, Fidelity, Interactive Brokers, Robinhood, SoFi Invest and Vanguard.
North Korea-linked hackers are ramping up attacks on the cryptocurrency sector, with recent investigations pointing to the Lazarus Group’s evolving methods.
On-chain analyst ZachXBT has revealed a string of incidents tied to the regime’s cyber operations. These incidents include the use of fake developer profiles and complex laundering strategies.
Lazarus Hackers Steal Millions as North Korea Intensifies Crypto Attacks
On June 29, Zachxbt reported that the Lazarus Group scammed a user out of $3.2 million in digital assets on May 16.
1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen
My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers. pic.twitter.com/85JRm5kLQO
This series of attacks, which began on June 18, allowed the hackers to take control of several NFT contracts. They then minted and dumped NFTs, stealing an estimated $1 million from these projects.
ZachXBT’s investigation revealed that the hackers moved the stolen funds across three wallets. Eventually, they converted some of the ETH into stablecoins and transferred them to MEXC, a centralized exchange.
Meanwhile, the pattern of stablecoin transfers, tied to a specific MEXC deposit address, suggests that the attackers engaged in multiple crypto projects.
Moreover, the analysis uncovered links to GitHub accounts with Korean language settings and time zones consistent with North Korean activity.
“Other indicators revealed from internal logs point out irregularities in a suspected DPRK IT workers resume. Why would a developer who claims to be living in the US have a Korean language setting, Astral VPN usage, and have an Asia/Russia time zone?,” ZachXBT wondered.
In Favrr’s case, investigators suspect the project’s chief technology officer, Alex Hong, of being a North Korean IT worker. ZachXBT also reported that Hong’s LinkedIn profile was recently deleted, and his work history could not be verified.
Indeed, these incidents highlight North Korea’s ongoing role in cryptocurrency theft. Blockchain analysis firm TRM Labs recently linked the country’s hackers to nearly $1.6 billion in stolen funds, accounting for about 70% of all stolen crypto assets this year.
HTX, a leading global cryptocurrency exchange, unveiled its next-generation “Crypto Loans 2.0” product on May 19.
This enhanced version brings a refined structure and superior user experience, featuring multi-asset collateral, a smart dynamic Loan-to-Value (LTV) model, instant fund access, flexible repayment options, and zero fees. To mark this significant launch, HTX has rolled out two exclusive promotions: “Borrow & Earn” #7, where users can share a massive 5,000,000,000 $HTX prize pool, and the “Millions in Rewards Plus Margin Power-up” event, which provides BTC loan interest rates as low as 0.09% and an extra 10% discount on USDT loans.
Unlock Multiple Benefits with HTX Loan Products
To celebrate the grand launch of Crypto Loans 2.0 and commemorate the 15th anniversary of Bitcoin Pizza Day, HTX is simultaneously launching “Borrow & Earn” #7 and an exclusive limited-time margin promotion, delivering substantial rewards to our valued users.
“Borrow & Earn” #7 runs from May 19 at 02:00 (UTC) to June 2 at 15:59 (UTC), featuring a total prize pool of 5,000,000,000 $HTX. Users simply need to borrow USDT using the Crypto Loans Flexible product during the event to earn a share of the $HTX prize pool, based on the interest paid — the more interest paid, the greater the rewards. Rewards will be credited to winners’ Spot accounts within 7 working days after the event ends.
Concurrently, HTX has launched an exclusive margin promotion, “Millions in Rewards Plus Margin Power-up”, active from May 20 at 10:00 (UTC) to June 2 at 10:00 (UTC). For a single USDT loan of $1,000,000 or more, users can enjoy an extra 10% interest rate discount! This brings the annual interest rate down to as low as 3.9% (or 0.01% daily). There is no limit on borrowing frequency and each qualifying loan benefits from this generous discount.
Don’t miss the Pizza Day 15th Anniversary Bonus! During the event, the top 10 users by cumulative loan volume will share 264,000,000 $HTX (worth $500). Register via the provided link to participate. Leverage these ultra-low interest rates to maximize potential returns and aim for substantial gains.
Optimized Borrowing Experience with Multi-Asset Collateral
Loan efficiency and asset liquidity have always been two major user-focused concerns. As a key highlight of this upgrade, HTX’s “Crypto Loans 2.0” introduces a multi-asset collateral mechanism, supporting over 20 mainstream cryptocurrencies as collateral assets, including USDT, BTC, ETH, TRX, DOGE, XRP, SOL, and AVAX. This significantly boosts users’ asset utilization efficiency.
To further enhance the borrowing experience, HTX has expanded its loanable assets to include SOL, TON, and USDC, with USDC also available as a collateral option. Unlike the traditional single-asset collateral model, the multi-asset collateral mechanism allows users to unlock liquidity from their holdings while effectively reducing the risk of forced liquidation due to single-asset volatility.
Another standout feature of this upgrade is HTX’s limited-time offer: an ultra-low 0.09% annual interest rate for BTC Flexible Loans, with borrowing limits up to 100 BTC. This remarkable rate represents a 555-fold reduction from the previous annual rate of over 5.0%, making it an exceptional deal. For example, borrowing BTC equivalent to approximately 1,000,000 USDT would incur a mere 2.37 USDT in daily interest — a truly remarkable saving.
Crypto Loans 2.0 also offers the following advantages:
● Smart Dynamic LTV Mechanism: Interest rates adjust in real time based on market conditions, ensuring industry-leading competitiveness. Annualized interest rates for Flexible Loans include 3.9% for USDT, 2.4% for ETH, and as low as 0.09% for BTC.
● Flexible Term Options: Supports flexible configuration for both flexible and fixed terms (7/30/45/90 days).
● Instant Fund Access & Flexible Repayment: Borrowed funds are delivered instantly, interest accrues every hour, and users enjoy the freedom to repay at any time, ensuring optimal fund efficiency.
● Institutional-Grade Risk Control: Supports overcollateralized loans with leverage capped under 1X and tiered liquidation to safeguard accounts. Users retain all remaining collateral assets.
● Personalized 1-on-1 VIP Service: Delivers customized loan limits, flexible currency selections, and special discounted interest rates for SVIP users.
Crypto Loans 2.0 is now live! Users can access it via the HTX website by clicking “Loans” > “Crypto Loans”, or through the HTX App by tapping “More” > “Crypto Loans”. Here’s how to get started:
HTX’s Crypto Loans 2.0 leads the industry with its ability to boost capital efficiency, lower liquidation risk, provide flexible investment options, and allow multi-asset collateral. Moving forward, HTX will continue to enhance its lending products, pushing the platform’s financial services toward greater efficiency, lower barriers, and broader diversification. Try Crypto Loans 2.0 now to enjoy seamless borrowing, ultra-low interest rates, and access to massive prize pools. Make every digital asset your strategic liquidity advantage on the road to financial freedom.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX onX, Telegram, and Discord.
On the high-power circuits of Formula 1, every millisecond marks the difference between victory and defeat, and every innovation is a battle for supremacy. This February, global digital asset trading platform Gate.io proudly announces its official partnership with Oracle Red Bull Racing in F1, a resonance of innovation between two distinct yet equally demanding arenas.
The partnership marks not only a significant milestone in Gate.io’s global branding strategy, but also coincides with the platform’s 12th anniversary. In celebration of this moment, Gate.io has unveiled its new Chinese name: “Damen” (大门, meaning “The Gate”), a symbol of connection between users and the future. At this pivotal moment, Gate.io Founder and CEO Dr. Han announced a new strategic vision: to build the “next-generation crypto exchange”, showing the company’s bold entry into the next era of the crypto industry with refreshed ambition.
“The Gate” Reimagined: Charting A Course Toward the Next-Gen Crypto Exchange
On the occasion of its 12th anniversary, Gate.io unveils its new Chinese brand name, 大门 (“The Gate”), representing both a starting point and an entrance to the future. The name reflects a vision of openness, diversity, and global integration. Under brand evolution, Gate.io embarks on its journey to evolve into the “next-generation crypto exchange.”
Over the past twelve years, Gate.io has used technology as the key and service as the bridge to open the gate to the crypto world for its users:
Over 3,800 cryptocurrencies listed, consistently leading industry innovation.
Ranked among the Top 3 globally in overall strength, with 24-hour spot trading volume placing Top 2 worldwide.
Built a full ecosystem covering trading, Web3 wallets, payments, venture investment, and incubation.
Platform token GT reached a peak of $25.960, placing its market cap among the global top 34.
The brand evolution not only encapsulates Gate.io’s past achievements, but also marks the beginning of a new phase, more expansive and full of possibilities. The positioning of “next-generation crypto exchange” underscores Gate.io’s deep insights and strategic vision into future industry trends. As one of the earliest exchanges in crypto space, Gate.io has amassed a wealth of experience over the past 12 years. Now, with the industry on the cusp of a new wave of growth, Gate.io is doubling down across key sectors including technology, security, ecosystem and brand building. The platform has unlocked a new growth curve, aiming to shape the future paradigm of the industry and deliver greater value to both users and the broader ecosystem.
Unleashing the Synergies of Security and Innovation to Drive Industry Transformation
Oracle Red Bull Racing dominates the tracks through cutting-edge innovation and rigorous safety. In blockchain space, Gate.io is equally renowned for balancing innovation with robust security. Now joining forces, two giants are unlocking synergies across industries, injecting fresh momentum into Gate.io’s journey to become the next-gen crypto exchange.
On the innovation front:
Gate.io’s Pilot section has listed over 1,000 tokens, capturing multiple meme tokens with 10x+ gains.
MemeBox 2.0, a first-of-its-kind product, aggregates popular on-chain meme tokens directly to user accounts, offering a seamless and secure Web3 trading experience.
Gate Launchpool has become an industry-leading token mining platform, featuring over 140 projects and distributing over $14 million in airdrops and mining rewards.
GateChain continues to upgrade its core features, including DA (Data Availability), while expanding into Web3 applications like wallets, trading, asset management, NFTs, and memes—creating deep on-chain integration.
In terms of transparency and security:
Gate.io collaborates with U.S. audit firm Armanino LLP and adopts an open-source Merkle Tree solution for regular asset reserve disclosures.
As of January 2025, total reserves exceed $10 billion, ranking fourth globally. The reserve ratio stands at 128.58%, with $2.296 billion in excess reserves, well above the industry average.
Gate.io continues to invest in multi-layered security infrastructure, including cold wallet management, multi-signature protocols, real-time risk alerts, and round-the-clock global security teams.
Just as F1 demands both speed and precision, Gate.io never compromises on user asset safety while pushing for cutting-edge experiences. This ability to balance innovation and security enables Gate.io to remain a trendsetter in the crypto industry, building a solid foundation for its course towards the next-generation crypto exchange.
A Cross-Industry Leap: A Strategic Milestone in Globalization
In a world of increasingly fierce global competition, brand recognition and cultural resonance have become crucial frontiers for the crypto industry. F1, one of the world’s most watched and influential sports events, reaches hundreds of millions globally and is synonymous with premium, avant-garde, and international appeal. This partnership marks one of the first concrete steps in Gate.io’s vision to become the next-gen crypto exchange. By aligning with a word-class sports IP and tapping into its cultural resonance, Gate.io is redefining user perception, evolving from a tech platform into the global ambassador of digital lifestyle, further enhancing the platform’s international presence and brand value.
Through the platform of Formula 1, Gate.io not only expands its reach to high-value users worldwide, but also strengthens its brand attributes such as speed, innovation, security, and connectivity on a cultural level. It also signals the formation of a broader and more open global brand matrix. Backed by a strategy focused on compliance, globalization, and branding, Gate.io is confidently stepping into a more ambitious future.
Twelve Years Strong, the Future Is Here
Since its inception in 2013, Gate.io has remained true to its mission: to open the gateway to crypto assets for users around the world. Twelve years later, this gate connects tens of millions of users globally, becoming a vital force in the world’s crypto economy. Now, at this new 12-year milestone, Gate.io, under its new brand evolution, joins hands with Oracle Red Bull Racing to embark on a journey towards “the next-generation crypto exchange”, with greater conviction, openness, and infinite possibilities. The future belongs to those who remain steadfast in speed, and unwavering in securing innovation. The gate is open. A new era of crypto is here.
Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement.
