Teucrium Investment Advisors Corrects NAV Error in 2x Long Daily XRP ETF

Strategic Insights -

A pricing error in calculating the net asset value (NAV) of the Teucrium 2x Long Daily XRP ETF led to a correction of the previously disclosed NAV on July 18, 2025. The error resulted in a 1.32% difference between the original and revised NAV. The corrected NAV was restated effective as of July 21, 2025.

Key Takeaways:

  • The correction was made due to a pricing error in calculating the NAV of the Teucrium 2x Long Daily XRP ETF.
  • The error resulted in a 1.32% difference between the original and revised NAV.
  • The corrected NAV was restated effective as of July 21, 2025.
  • The Fund is a recently organized investment company with a limited operating history.
  • The Fund carries distinct risks, using leverage that makes it riskier than similarly benchmarked funds without leverage.
  • It is designed for short-term trading and requires active, frequent (even daily) management.
  • Investors could potentially lose the full principal value of their investment in a single day.
  • PINE Distributors LLC is the distributor for the Teucrium 2x Long Daily XRP ETF.
  • Teucrium Investment Advisors, LLC is the investment adviser of the Teucrium ETFs and is wholly owned by Teucrium Trading, LLC.

Statistics:

  • 1.32%: The difference between the original and revised NAV of the Teucrium 2x Long Daily XRP ETF.
  • July 18, 2025: The date on which the original NAV was disclosed.
  • July 21, 2025: The date on which the corrected NAV was restated.
  • $59.3229: The original NAV of the Teucrium 2x Long Daily XRP ETF on July 18, 2025.
  • $60.1076: The revised NAV of the Teucrium 2x Long Daily XRP ETF on July 21, 2025.
  • 2025: The year in which the correction was made.

Sources:

  • Teucrium Investment Advisors, LLC news release, issued on an unspecified date.
  • Teucrium 2x Long Daily XRP ETF prospectus.
  • Teucrium Investment Advisors, LLC website.