Teucrium Files Flare ETF as FXRP Minting Hits $120M Milestone
The post Teucrium Files Flare ETF as FXRP Minting Hits $120M Milestone appeared on BitcoinEthereumNews.com. TLDR Teucrium Trading LLC has filed for a Flare ETF with the U.S. Securities and Exchange Commission. FXRP minting has surpassed $120 million since its launch in September. Hugo Phillion, Co-Founder of Flare Networks, confirmed the ETF filing through a post on X. Teucrium previously launched the first leveraged XRP ETF in the United States. Flare has become the largest EVM-compatible DeFi ecosystem built around XRP. Teucrium Trading LLC has filed for a Flare ETF with the SEC. The filing comes as Flare Network experiences high activity levels across its ecosystem. XRP minting for FXRP has surpassed $120 million since launch. Teucrium Submits Flare ETF Application Teucrium has submitted documents to the U.S. Securities and Exchange Commission for a Flare ETF. The SEC has not yet released official confirmation about the filing. However, this represents a move toward mainstream integration of investment products for Flare. It certainly does appear that a licensed financial entity has filed for a Flare ETF. https://t.co/S2jyjLIrzg — Hugo Philion (@HugoPhilion) November 1, 2025 Hugo Phillion, Co-Founder of Flare Networks, confirmed the filing through a recent X post. Teucrium previously launched the first leveraged XRP ETF in the United States. Industry experts consider the approval of this fund a validation moment for the project. FXRP Minting Surpasses $120 Million On-chain data shows FXRP minting has exceeded $120 million since its September debut. The FAssets system allows holders to lock XRP and mint equivalent ERC-20 tokens. This process provides users with decentralized access to lending and liquidity options. FXRP converts the token into collateral and liquidity across multiple DeFi protocols. The platform has become the largest EVM-compatible DeFi ecosystem built around XRP. The total value locked on Flare has increased by nearly 38% in just over a month. Messari’s latest report highlighted strong demand for FXRP across…
The post Teucrium Files Flare ETF as FXRP Minting Hits $120M Milestone appeared on BitcoinEthereumNews.com.
TLDR Teucrium Trading LLC has filed for a Flare ETF with the U.S. Securities and Exchange Commission. FXRP minting has surpassed $120 million since its launch in September. Hugo Phillion, Co-Founder of Flare Networks, confirmed the ETF filing through a post on X. Teucrium previously launched the first leveraged XRP ETF in the United States. Flare has become the largest EVM-compatible DeFi ecosystem built around XRP. Teucrium Trading LLC has filed for a Flare ETF with the SEC. The filing comes as Flare Network experiences high activity levels across its ecosystem. XRP minting for FXRP has surpassed $120 million since launch. Teucrium Submits Flare ETF Application Teucrium has submitted documents to the U.S. Securities and Exchange Commission for a Flare ETF. The SEC has not yet released official confirmation about the filing. However, this represents a move toward mainstream integration of investment products for Flare. It certainly does appear that a licensed financial entity has filed for a Flare ETF. https://t.co/S2jyjLIrzg — Hugo Philion (@HugoPhilion) November 1, 2025 Hugo Phillion, Co-Founder of Flare Networks, confirmed the filing through a recent X post. Teucrium previously launched the first leveraged XRP ETF in the United States. Industry experts consider the approval of this fund a validation moment for the project. FXRP Minting Surpasses $120 Million On-chain data shows FXRP minting has exceeded $120 million since its September debut. The FAssets system allows holders to lock XRP and mint equivalent ERC-20 tokens. This process provides users with decentralized access to lending and liquidity options. FXRP converts the token into collateral and liquidity across multiple DeFi protocols. The platform has become the largest EVM-compatible DeFi ecosystem built around XRP. The total value locked on Flare has increased by nearly 38% in just over a month. Messari’s latest report highlighted strong demand for FXRP across…
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