New XRP ETF Reaches $67M, Showing Huge Institutional Demand For Payment Tokens

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Institutional appetite for payment-focused crypto is heating up fast. The new Teucrium 2x Long Daily XRP ETF (XXRP) has already crossed $67 million in assets under management. It signals strong interest from heavyweight investors.

This surge comes even as Ripple’s native token, XRP, sees modest price action. Multiple XRP ETFs are awaiting SEC review, and interest is growing in alternatives like Remittix. So, the spotlight is firmly back on tokens that deliver real-world utility in the payments space.

Institutional Investors Push XRP ETF Past $67 Million

The spotlight is back on XRP, and this time, it’s not just retail investors making noise. The Teucrium 2x Long Daily XRP ETF (XXRP) has surged from zero to over $67 million in assets within just four weeks. 

This kind of growth isn’t accidental. It signals growing institutional appetite for exposure to Ripple’s payment-focused token, despite the fund’s steep 1.89% expense ratio. It is more than double that of most leveraged ETFs on the market.

While XRP price has gained a respectable 16.4% over the same period, XXRP has outpaced the token. It delivered a 26% return since launch. That outperformance reflects the fund’s leveraged structure. 

It aims to provide twice the daily movement of XRP’s price. It also shows that institutions are willing to pay a premium to access XRP through regulated financial vehicles.

xrp price chart

What’s Coming Next?

That willingness becomes even more significant when considering what’s next. The SEC is currently reviewing nine XRP ETF applications from firms like Grayscale, Franklin Templeton, and WisdomTree. If approved, JPMorgan estimates these ETFs could attract over $8 billion in inflows within their first year. They can easily eclipse Ethereum’s sub-$2.5 billion haul over seven months, according to SoSoValue data.

The narrative around XRP price is clearly shifting. ETFs are entering the picture, and leveraged funds like XXRP are gaining traction. So, XRP is emerging as more than a legacy altcoin. It’s becoming the go-to asset for payment token exposure in institutional portfolios. 

On-chain and technical signals also support this growing momentum. XRP/BTC has held firm above its 200-day moving average, a key marker for long-term bullish trends.

If XRP breaks out from its current consolidation against Bitcoin, analysts suggest a 30% rally isn’t out of the question. The demand is pouring in from large players. So, it is hard to ignore the possibility that XRP might finally witness a major institutional breakout.

Investors Flock to RTX as Presale Tops $14.7 Million

While XRP gains ground with institutional backing and a $67 million ETF inflow, a quieter revolution is happening in the retail space, and Remittix is leading it. The payment-focused project has raised over $14.7 million in its presale. It has already sold more than 531 million RTX tokens. 

Designed for everyday users, Remittix delivers what XRP hasn’t fully cracked for years. It provides seamless crypto-to-fiat payments into global bank accounts with zero friction.

At just $0.0757, RTX gives users the ability to send over 40 cryptos and have the recipient receive fiat in 30+ currencies instantly. No third-party delays, no surprise fees. Freelancers, small business owners, and remote workers are finding a plug-and-play solution in RTX that actually fits their lives. The platform’s flat 1% fee and KYC-enabled PayFi API have created strong traction, especially in underbanked markets.

Remittix

This surge in adoption hasn’t gone unnoticed. Binance Square recently spotlighted Remittix, calling it a “future leader in crypto payments”. Other analysts have already dubbed it a potential “XRP 2.0.” What separates RTX isn’t just speed or utility. It’s the community-driven approach, giving control to token holders and value back to the users.

As billions flow into traditional XRP ETFs, retail investors are asking a different question: What if the next great payment token doesn’t need a bank’s approval? Remittix might just be the answer.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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