ETF targeting inverse movements in XRP sets new launch date

Betting against XRP is about to get a dedicated wrapper on US exchanges, just not quite yet. The Teucrium 2x Short Daily XRP ETF has received a new registration effectiveness date of October 11, 2026, after the SEC delayed approval following a post-effective amendment filed by Listed Funds Trust on September 11, 2026. The fund is designed to deliver twice the inverse of XRP’s daily price movement. Put simply: if XRP falls 3% on a given day, the ETF is built to return roughly 6% before fees. What the delay means and where it fits Teucrium first submitted the initial registration for this inverse product on January 21, 2025, meaning the process has stretched across the better part of two years without a clear stated reason for the holdup. Post-effective amendments are a standard procedural step, but each one can reset the SEC’s review clock, which is exactly what appears to have happened here. The delay is notable mostly because of the contrast with what Teucrium already has running. Its 2x Long Daily XRP ETF, trading under the ticker XXRP, launched on April 8, 2025, and had accumulated approximately $151.5 million in assets under management as of September 2026. The inverse version ...