The companies noted that FalconX Bravo, a Commodity Futures Trading Commission (CFTC)-registered swap dealer, will act as a swap-based liquidity provider to the exchange-traded fund (ETF).
Investment management firm and ETF issuer Teucrium Trading and New York-based financial services firm WallStreetX ETFs, operating as xETFs, have partnered for the launch of the Teucrium xETFs 2x Long Daily BNB ETF (XBNB). Pine Distributors is the distributor for the ETF The product began trading on NYSE Arca on 28 April. Teucrium is acting as investment adviser to the fund, while xETFs is serving as sponsor. The ETF is an actively managed fund seeking investment results corresponding to twi