logo
Tariff-Fueled Volatility Draws Traders to First U.S. XRP ETF

Tariff-Fueled Volatility Draws Traders to First U.S. XRP ETF

The tariff-fueled market volatility has stalled stock-market debuts and delayed bond sales, but an exchange-traded-fund launch forged ahead on Tuesday.
Asset manager Teucrium launched the Teucrium 2x Long Daily XRP ETF, which aims to double the daily return of the Ripple-linked token. On its first trading day, more than 215,000 shares of the fund, which trades under the ticker XXRP, changed hands.
Sal Gilbertie, chief executive of Teucrium, said the leveraged fund is a short-term trading product that thrives in volatile markets. While he didn't plan on volatility, Tuesday's market swings have helped draw attention to the ETF, he said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chris Larsen, Co-Founder of Ripple, Dumps 50 Million XRP. Should Investors Be Worried?
Chris Larsen, Co-Founder of Ripple, Dumps 50 Million XRP. Should Investors Be Worried?

Yahoo

time29 minutes ago

  • Yahoo

Chris Larsen, Co-Founder of Ripple, Dumps 50 Million XRP. Should Investors Be Worried?

Key Points One of Ripple's co-founders sold some of his XRP holdings in late July. That sent investors into a tizzy about whether it was a bearish sign. This coin's forward march is not about to be slowed down by a single insider sale. 10 stocks we like better than XRP › Few things spook crypto investors faster than seeing an executive's wallet slide a big stack of tokens onto an exchange. When that executive helped build the network in question, the anxiety level ratchets even higher -- why would someone dump something valuable that they helped to create? That's exactly what coursed through crypto circles in late July after blockchain sleuths traced 50 million XRP (CRYPTO: XRP) leaving wallet addresses tied to Ripple co‑founder and Executive Chairman Chris Larsen. Ripple is the company that issues XRP. The transfers, worth roughly $175 million at the time, sparked a lot of hand‑wringing, so let's analyze what's beneath the headlines and see whether the fears are justified. Sizing up Larsen's sale Let's establish some parameters to put the size of the sale into context. XRP's circulating supply sits near 59 billion coins. That means Larsen's sale of 50 million coins represents only about 0.085% of the float available for public trading Even if every one of those tokens hit an exchange order book immediately, the sale is a tiny drop in a very large bucket. Furthermore, XRP itself is up by 44% during the past 30 days (as of Aug. 8). People sell for many reasons, and most are benign. Larsen focuses on Ripple's strategy and governance rather than daily management. Diversifying a highly concentrated position is textbook risk management for founders, and it's precisely the move financial planners urge when a single holding dominates net worth. To throw even more ice cold water on the idea of a hasty exit, Larsen still controls an estimated 2.5 billion XRP, so the transaction hardly looks like a fire sale. The float impact is minimal, and the executive clearly still has plenty of skin in the game. Taxes can also drive timed disposals, especially after XRP's shocking gain of 440% during the past 12 months. Executives often structure sales of their assets to cover future liabilities or to harvest gains before anticipated rate changes. But this is just speculation, and it doesn't particularly matter why Larsen sold. The coin's price action so far supports the view that this sale simply doesn't matter in the big scheme of things. While XRP fell by about 14% intraday on July 25 when the wallet activity hit social media, it clawed back half the drop within 48 hours and remains in its uptrend this year. Investors anxious about the token's resiliency have already endured a real‑time stress test, and XRP didn't unravel. So this looks like a case of skittish investors being worried over what amounts to very little. There are plenty of bullish drivers in play here Larsen's sale aside, the conditions for XRP to keep growing look bullish at the moment. Ripple finally closed out its long‑running courtroom duel with the Securities and Exchange Commission (SEC) in March and June, when the SEC first ended its own appeal and then agreed with Ripple to withdraw cross litigations. Those rulings dissipated a cloud that had hung over the token for four years, and by removing a perceived cap on institutional adoption, they opened the door for new capital to flow in. At the same time, Ripple has started to diversify its revenue streams further with the launch of its own dollar‑backed stablecoin that went live in December. Giving institutional investors access to more stablecoin liquidity on the XRP ledger (XRPL) means they can transact in larger sizes, incentivizing them to bring more capital to the chain than they would otherwise. On the technical front, XRP's ecosystem is broadening too. June's launch of the new EVM sidechain now allows for Ethereum smart contract developers to use the programming language they're familiar with to develop apps while keeping settlement in XRP. Taken together, these developments weave a picture of a network gaining momentum in multiple arenas, even as one executive trims a sliver of his holdings. If you're looking to make an investment in crypto and you don't already own this coin, it's worth considering a purchase, as the coming years look to be profitable ones for holders. Should you buy stock in XRP right now? Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Alex Carchidi has positions in Ethereum. The Motley Fool has positions in and recommends Ethereum and XRP. The Motley Fool has a disclosure policy. Chris Larsen, Co-Founder of Ripple, Dumps 50 Million XRP. Should Investors Be Worried? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Which Is the Better Choice for Investing $10,000 Right Now: Nvidia or XRP (Ripple)?
Which Is the Better Choice for Investing $10,000 Right Now: Nvidia or XRP (Ripple)?

Yahoo

time14 hours ago

  • Yahoo

Which Is the Better Choice for Investing $10,000 Right Now: Nvidia or XRP (Ripple)?

Key Points While Nvidia and XRP are completely different types of assets, there are some similarities. Nvidia has been the bigger winner historically. The growth prospects and valuation are much harder to pin down for XRP than for Nvidia. 10 stocks we like better than Nvidia › Investing isn't like a boxing match where two competitors stand in opposite corners to fight it out. Or is it? The reality is that every investment opportunity competes against other alternatives for your hard-earned money. If there were an investing version of a boxing match, I think Nvidia (NASDAQ: NVDA) and XRP (CRYPTO: XRP) (sometimes referred to as Ripple, the company that developed the digital asset) would be in the heavyweight category. Nvidia now reigns as the biggest company in the world based on market cap. XRP ranks as one of the hottest cryptocurrencies, with its price skyrocketing nearly 6 times higher over the last 12 months. Which is the better choice for investing $10,000 right now? Here's how Nvidia and XRP stack up against each other. Apples and oranges Comparing Nvidia and XRP is a lot like comparing apples and oranges. The differences between Nvidia and XRP are too numerous to count. The most important difference, though, is that they're completely different types of assets. Nvidia is a publicly traded company that makes graphics processing units (GPUs) used to power artificial intelligence (AI) and gaming applications. XRP is a digital token that's native to the XRP Ledger, a decentralized blockchain platform built for financial transactions. Another biggie is that Nvidia must adhere to regulations established by government agencies, including the U.S. Securities and Exchange Commission (SEC). Ripple, the developer of XRP, is tangled in a lawsuit with the SEC over whether XRP should be regulated like a security. However, there are some similarities between Nvidia and XRP. Both assets have market caps (Nvidia's is around $4.3 trillion, while XRP's is around $175 billion). Both have been highly volatile in the past. Both have made some investors a lot of money. They also each provide utility, albeit in different ways. Scoring points In each round of a boxing match, the two fighters are scored, with the winner receiving 10 points and the loser receiving no more than nine points. We won't use the same scoring method with Nvidia and XRP, but they can be compared in several categories. Let's first address performance. Nvidia has delivered a cumulative gain of roughly 434,500% since its initial public offering in January 1999. XRP launched in 2012. The digital token's price has jumped around 20,000% since then. During the same period, by the way, Nvidia's share price soared by more than 35,600%. What about growth prospects? This one is more challenging. Nvidia has a clear tailwind from AI. Its GPUs remain very popular in training and deploying AI models. The company's revenue grew 69% year over year in the first quarter of 2025. Wall Street analysts expect Nvidia will deliver revenue growth of 48.5% in Q2. XRP's growth prospects, on the other hand, are more nebulous. How much the price of the digital token rises (or falls) depends on supply and demand. It's possible, though, that demand for XRP could increase if the SEC approves an exchange-traded fund (ETF) that focuses on the cryptocurrency. Crypto prediction platform Polymarket puts the odds of SEC approval at 86%. The final round is valuation. Again, this one is tough. Nvidia's shares trade at a forward price-to-earnings ratio of 40.3. That's a steep multiple. However, the company's growth prospects make its valuation more palatable. It's impossible for all practical purposes to accurately determine what XRP's valuation should be. As with the cryptocurrency's growth prospects, everything hinges on supply and demand. A knockout winner Could XRP continue to soar? Absolutely. However, buying the digital token is more of a bet than an investment. There's certainly an element of risk with investing in Nvidia as well. Perhaps the company will stumble. Maybe rivals will develop better AI chips. But Nvidia is making products that enjoy strong demand and will likely continue to do so for years to come. I view Nvidia as a knockout winner in this match for investors seeking to put $10,000 to work. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Keith Speights has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and XRP. The Motley Fool has a disclosure policy. Which Is the Better Choice for Investing $10,000 Right Now: Nvidia or XRP (Ripple)? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Dogecoin, XRP Lead Altcoins as Bitcoin Dominance Falls
Dogecoin, XRP Lead Altcoins as Bitcoin Dominance Falls

Yahoo

time21 hours ago

  • Yahoo

Dogecoin, XRP Lead Altcoins as Bitcoin Dominance Falls

XRP and Dogecoin led altcoins higher on Friday as Bitcoin's dominance fell to a 12-day low. The Ripple-linked token was recently changing hands around $3.29, a 7.5% jump over the past day, according to crypto data provider CoinGecko. Dogecoin meanwhile jumped 6.2% to $0.22, while Ethereum's price eclipsed the $4,000 mark for the first time since December. Bitcoin's market cap accounted for 57.8% of the crypto market on Friday, down from 61.3% a week ago, according to CoinGecko. Within the past three months, Bitcoin has accounted for as much as 65% of the $3.9 trillion crypto sector—and as little as 57.07%. With each market cycle in Bitcoin's existence, altcoins have experienced a sustained period of outperformance after asset's price peaked, often referred to as an altcoin season. That could happen again, but it likely not to the same degree, Gerry O'Shea, head of global markets insights at crypto asset manager Hashdex, told Decrypt, pointing to structural market changes as a result of exchange-traded funds in the U.S. and corporate buying. 'You have these institutional buyers that are kind of backstopping it at this point,' he said. 'That's not to suggest that we're not going to see a fair amount of volatility with Bitcoin going forward, but I do think it's going to be a lot different than what we've seen in previous cycles.' Previous altcoins seasons have been marked by speculative investments like NFTs, meme coins, or ICOs, but O'Shea said investors could gravitate with projects that put utility front and center because of regulatory progress in the U.S. and the passage of stablecoin legislation. 'Ethereum [and] Solana, the smart contract platforms that provide infrastructure for stablecoins, are obviously demonstrating utility here,' he said. 'I think that could certainly be contributing to Bitcoin's falling dominance.' On Friday, the leading cryptocurrency by market capitalization hovered around $116,000, a 0.1% increase over the past day. And its price was up 96% over the past year. In a Myriad Linea Markets prediction table, nearly two in three participants predict that Ethereum will reach $5,000 by year's end. (Disclosure: Myriad is a prediction market and engagement platform developed by Dastan, parent company of an editorially independent Decrypt.) CrediX Team Vanishes as Stability DAO Preps 'Legal Report' The Bitcoin market, in recent weeks, has proved resilient. The asset's price dipped as low as $112,000 last month, despite institutional crypto firm Galaxy Digital executing a $9 billion Bitcoin sale on behalf of a single, Satoshi-era investor. During the company's second-quarter earnings call, Galaxy CEO Mike Novogratz remarked with relief that the sale just happened to take place as Bitcoin-buying firms like Strategy, formerly MicroStrategy, were hoovering up the asset. Bitcoin's falling dominance 'may persist for a while,' but ultimately, 'the tailwinds for Bitcoin just remain incredibly strong, mostly because of the institutional adoption of the asset,' O'Shea said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store