XRP receives 4.36% index weight in Cryptex filing

Two separate U.S. fund-registration updates involving XRP were filed on Sept. 11, covering different products and stages of the registration process.

A pre-effective amendment for the proposed Cryptex Digital Market Cap ETF lists XRP as an Eligible Component of the underlying Cryptex Digital Market Cap Index. XRP has a 4.36% index weight and a 4.41% indicated fund weight after the proposed fund applies its additional eligibility screens.

The table places XRP above Chainlink, Solana and Avalanche by index weight. However, the filing does not indicate that shares have begun trading, and it does not mean that the U.S. Securities and Exchange Commission has approved the product. The ETF remains pre-effective.

XRP just landed in a new SEC ETF filing Cryptex Digital Market Cap ETF (S-1/A, filed Sept 11) lists XRP as an Eligible Component 4.36% index weight, ahead of SOL, LINK & AVAX in the basket. pic.twitter.com/9J1ARAA8kP — Xaif Crypto (@Xaif_Crypto) September 12, 2026

The Sept. 11 filing presents the index composition as of Sept. 8. Chainlink has a 3.15% index weight, Solana has 2.80%, and Avalanche has a 2.13%. Each is identified as an eligible component in the table.

Bitcoin and Ethereum have the largest index allocations, at 25.83% and 13.55%, respectively. The index contains 36 assets, while the proposed fund’s screening process leaves 19 constituents. The screens address the product’s listing and operational requirements and can change a constituent’s final allocation in the fund.

The Cryptex Digital Market Cap ETF is designed to track the components and weightings of its digital-asset index. It is a proposed multi-asset cryptocurrency product, not a single-asset XRP fund. Its preliminary prospectus says the shares are intended to list on Nasdaq under the ticker BAGZ.

As a pre-effective S-1/A, the document represents a registration and disclosure step before sales can begin. The product would still need to become effective and complete its exchange-listing process, as well as satisfy the terms established by its sponsor and service providers.

Teucrium 2x Short Daily XRP ETF receives later effectiveness date

In a separate filing, Listed Funds Trust changed the effectiveness date for the Teucrium 2x Short Daily XRP ETF to Oct. 11, 2026. The filing, Post-Effective Amendment No. 606, covers a previously filed amendment and identifies the form as Amendment No. 608 under the Investment Company Act.

The document states that its sole purpose is to delay the fund’s effectiveness. It does not provide a reason for the timing change and does not identify a scheduled first trading day. The trust submitted the amendment under Rule 485(b).

The filing therefore does not support describing the action as an SEC decision to delay a launch. It also does not cite the CLARITY Act, Senate negotiations or political opposition. The amendment incorporates earlier registration materials by reference and changes only the effective date. It provides no trading date, exchange symbol or new investment strategy for the Teucrium fund.

The Teucrium ETF seeks negative twice XRP’s daily return before fees and expenses. Rather than directly shorting XRP, it uses financial instruments including swaps. If XRP falls 3% during one trading day, the fund’s stated objective would target an approximately 6% gain before costs. Actual returns may differ after expenses and the effects of compounding.

The fund resets its exposure each day. Over longer periods, compounding and volatility can cause its returns to differ from negative twice XRP’s cumulative move. The prospectus warns that investors can lose money even when XRP declines over a longer period because daily results compound. It describes the ETF as a short-term trading vehicle that requires active monitoring.

The SEC filing for the Teucrium fund is available at