Teucrium launches 2x daily BNB ETF XBNB on NYSE Arca

Teucrium and xETFs launched the Teucrium xETFs 2x Long Daily BNB ETF, which began trading under ticker XBNB on NYSE Arca on April 28, 2026. The actively managed fund seeks to deliver twice the daily performance of BNB before fees and expenses.

The ETF is swap-based and does not hold BNB directly. CFTC-registered swap dealer Falconx Bravo will provide liquidity and the derivative contracts that generate the fund’s exposure. Teucrium serves as investment adviser and xETFs is the sponsor.

XBNB targets a daily objective: two times the return of BNB for a single trading day. The fund rebalances each day, so returns over multi-day periods can diverge from twice BNB’s cumulative return. Compounding, volatility and the daily reset process can reduce returns and can cause losses even if BNB’s price is flat over time. Fund disclosures state there is no guarantee the ETF will meet its objective.

The product is marketed to traders seeking short-term, tactical exposure to BNB rather than long-term investors. Fund managers say the ETF offers regulated, exchange-traded access to amplified BNB price moves within a U.S.-listed vehicle.

Teucrium reported that its earlier leveraged crypto ETF, the Teucrium 2x Long Daily XRP ETF (XXRP), attracted hundreds of millions of dollars within months of launch and became the firm’s top product. In a statement, Springer Harris, Teucrium’s head of ETF solutions and chief operating officer, described the launch as “We are proud to partner with xETFs in the launch of their first fund.”