Listed Funds Trust has filed a post-effective amendment with the U.S. Securities and Exchange Commission that sets a new effective date of October 11, 2026, for the Teucrium 2x Short Daily XRP ETF. The filing, submitted on September 11, states that its sole purpose is to delay the registration’s effectiveness. The original registration statement was filed on January 21, 2025.

The amendment does not constitute a rejection of the product and does not guarantee that trading will begin on the new date. Additional regulatory steps may still be required before any launch.

Structure of the Proposed Short Fund

The Teucrium 2x Short Daily XRP ETF is designed to deliver approximately twice the inverse of XRP’s daily price performance, before fees and expenses. A 1 percent decline in XRP would aim to produce roughly a 2 percent gain for the fund, while a 1 percent rise in XRP would target a corresponding 2 percent loss. The product is intended for short-term trading, and daily compounding can cause returns over longer periods to differ substantially from the cumulative inverse move in XRP.

Teucrium has cautioned that the fund is a tactical vehicle rather than a long-term holding.

Existing Long Fund Shows Strong Demand

The delay stands in contrast to the performance of Teucrium’s already-listed 2x Long Daily XRP ETF, ticker XXRP. That fund trades on NYSE Arca and seeks twice the daily return of XRP through derivatives rather than direct holdings of the token.

As of September 9, XXRP held approximately $151.5 million in assets under management, up from about $78 million in mid-August. Year-to-date net flows into the fund have reached roughly $103 million. The growth combines both investor inflows and market performance.

Broader XRP ETF Inflows Persist

Demand for XRP-linked exchange-traded products has remained resilient even as other major crypto funds experienced outflows. U.S. spot XRP ETFs recorded $1.55 million in net inflows on September 8, contributing to cumulative net inflows of approximately $1.68 billion. An 11-session period brought in about $170 million, including $14.38 million on September 1.

Institutional participation has expanded. Reported holders of XRP ETFs include Goldman Sachs, with disclosed exposure estimated near $87.4 million, as well as Jane Street and Millennium Management.

XRP traded near $1.36 on September 12 after recovering from a September 11 low around $1.32.

Multiple other asset managers continue to pursue various XRP-related ETF filings, indicating sustained interest in regulated vehicles tied to the asset despite the latest procedural delay for the inverse product.