XRP Could Enter a Major Phase in November, Says Teucrium ETFs CEO Sal Gilbertie

Teucrium CEO Sal Gilbertie says late November could be decisive for XRP as ETF activity rises and institutional adoption strengthens after Ripple Swell.
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XRP
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Key Points

Teucrium CEO Sal Gilbertie expects late November to be a turning point for XRP as institutional adoption and ETF activity gain momentum.
The Teucrium 2x Long Daily XRP ETF (XXRP) on NYSE Arca offers leveraged exposure to XRP’s price without holding the token directly.
Ripple Swell 2025 highlighted expanding ties between blockchain and traditional finance, with growing confidence in tokenized assets.

Teucrium ETFs CEO Sal Gilbertie expects the second half of November to define the next institutional phase of XRP. Speaking at Ripple Swell 2025 in New York, Gilbertie pointed to accelerating convergence between traditional finance and blockchain infrastructure. He described the event’s atmosphere as one where major decision-makers are shaping the policy and product frameworks that will govern the next stage of digital asset adoption.

Notably, Gilbertie highlighted two factors driving optimism. The anticipated debut of Canary’s XRP ETF on November 13 and Citibank’s projection that trillions in assets will be tokenized within five years. He said the timing of the ETF aligns with an inflection point for XRP, suggesting that institutional engagement could translate into lasting market confidence.

He noted, “Believe and don’t worry about the volatility. It will even out as adoption comes and more institutional money comes in.”

Ripple’s annual Swell conference underscored the industry’s growing maturity, drawing global leaders from payments, banking, and blockchain sectors. The annual event brings together major stakeholders, with prominent personalities like Nasdaq CEO Adena Friedman and Ripple President Monica Long present. Notably, the duo discusses how blockchain will underpin modern financial systems and boost mainstream adoption. 

XRP Steadies Amid Rising ETF Hopes 

Meanwhile, XRP traded slightly higher at $2.28 as of this time of writing, maintaining strength after hitting an all-time high of $3.66 in July. The rally has been supported by optimism over U.S. spot ETF developments and renewed institutional accumulation.

Notably, Teucrium’s 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025, on NYSE Arca, tracks twice XRP’s daily price moves without directly holding the token. The firm has also filed with the U.S. Securities and Exchange Commission to launch a Flare ETF, confirmed by Flare Networks co-founder Hugo Philion. 

The fund will also offer investors structured exposure to Flare’s expanding ecosystem. The SEC has yet to set an approval timeline, but the filing adds to Teucrium’s lineup of blockchain-linked products, including the first leveraged XRP ETF in the U.S.

Additionally, in a recent appearance on CNBC’s ETF Edge, Gilbertie said that investor enthusiasm for XRP has been exceptional.  He credited the “XRP Army” for driving unprecedented interest in XXRP, describing it as Teucrium’s most successful fund launch to date. Inflows surpassed “hundreds of millions” within roughly 16 weeks, which he called an “extraordinary response” from both retail and institutional participants.

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Brenda Kanana

Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at CryptoPolitan and Blockchain Reporter.
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