Teucrium CEO Says XRP Offers Highest Utility Among Cryptos Amid ETF Success

During a recent appearance on Bloomberg, Sal Gilbertie, CEO of Teucrium, made a bold statement about XRP, calling it the cryptocurrency with the most real-world utility. Gilbertie emphasized Teucrium’s confidence in the digital asset, saying, “We believe in XRP. It’s a coin that has the most utility out there. Bitcoin is a store of value, I agree with Mike McGlone, but XRP has a true use case—there’s just no doubt about it.” He also praised Ripple, the company behind XRP, for being composed of “really professional people.”

Earlier this month, Teucrium launched the first-ever XRP ETF in the United States, offering leveraged exposure to the Ripple-linked token. The fund has garnered significant attention, with Bloomberg ETF analyst Eric Balchunas noting it ranks among the top 5% of new ETF launches based on trading volume. According to Gilbertie, the response to the XRP ETF has been “terrific,” signaling strong investor interest.

Market data firm Kaiko highlighted Teucrium’s XRP ETF debut as a major factor boosting XRP’s standing in the competitive race for spot ETF approvals. The ETF’s success could further solidify XRP’s position in the crypto investment landscape, especially as regulatory clarity around digital assets continues to evolve.

Despite a new lawsuit naming XRP as an unregistered security, the token is gaining momentum in both institutional and retail markets. Alongside Solana, XRP leads in ETF filings, while other popular cryptocurrencies like Shiba Inu are also gaining traction by approaching key resistance levels.

With its growing utility, professional backing, and a strong start in the ETF space, XRP may be on track to reshape its narrative within the crypto ecosystem and secure its place as a dominant player in digital finance.