Upcoming Reverse Split: Teucrium 2x Long Daily XRP ETF (XXRP)
Teucrium Investment Advisors, LLC (the “Adviser”), the investment adviser to the Teucrium 2x Long Daily XRP ETF (“XXRP” or the “Fund”), announced today that the Board of Trustees of Listed Funds Trust has approved a one-for-ten reverse share split of XXRP. The reverse share split will be effective for holders of XXRP shares after the close of trading on NYSE Arca on June 26, 2026. Shares of XXRP will begin trading on a split-adjusted basis on June 29, 2026. XXRP’s ticker symbol, “XXRP,” will remain unchanged. After the close of trading on the effective date, XXRP’s CUSIP number will change from 53656G191 to 53656H595.
The reverse share split ratio is 1:10. Every ten shares held will become one share, and the total number of shares outstanding will be reduced by approximately 90%. The reverse share split will result in a proportionate increase in the Fund’s net asset value per share (“NAV”). Immediately after the reverse share split is effective, XXRP’s post-split shares will have an NAV that is approximately ten times higher than that of pre-split shares. The reverse share split does not change the value of a shareholder’s investment.
