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XBNB

GradeCNew York Stock Exchange Arca

Teucrium xETFs 2x Long Daily BNB ETF

Leveraged · Leveraged & Inverse · Teucrium · Inception 2026-04-28

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$33.79+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Apr 28, 2026.History starts Apr 28, 2026.History starts Apr 28, 2026.
Intraday session: up, 20 prints from 28.49 to 33.79. Range 28.49 to 35.19. Use the arrow keys to read each point.$28.00$30.00$32.00Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
1.89%
Fund size
$0M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
3
Volume · 30D
0M sh
NAV per share
$34.99
52W range
low $17.69high $35.19

The ETF.net XBNB Grade

C

40/ 100

Rank 11 of 15 in 2x Long Crypto⁠

Confidence Medium

Six-pillar profile for XBNB. Scores out of 100: Cost 46, Risk 93, Mission not scored, Tradability 23, Holdings not scored, Durability 18. Strongest: Risk (93). Weakest: Durability (18). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned50This cap took−10Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 46
    Category rank10/15 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 93
    Category rank1/15 · top 7%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank13/15 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 18
    Category rank15/15 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on XBNB

ETF.net Research

CThe first US-listed ETF built to double BNB's daily move, planting a Binance-linked token on a leveraged crypto shelf that bitcoin and ether had to themselves. Built as a one-day trading tool, not a hold.

Stated mandate

The Fund seeks before-fee daily returns equal to twice the one-day price performance of Binance Coin (BNB), measured between consecutive NAV calculations. Returns over longer periods may differ because daily returns compound.

Why people hold it

  1. 01Targets twice BNB's one-day price move, NAV to NAV, inside a 1940 Act ETF: no crypto wallet, no futures account, standard 1099 tax reporting.teucrium.com
  2. 02Launched April 2026 as the first US-listed fund offering leveraged BNB exposure, on a shelf where 2x bitcoin and 2x ether products had the run of the place.en.coin-turk.com
  3. 03Its 1.89% fee sits at the midpoint of the leveraged crypto pack: below 2x products like BITX and ETHU, above ProShares' BITU and ETHT.
  4. 04Exposure runs through swaps with FalconX Bravo, a CFTC-registered swap dealer, as liquidity provider, so the fund holds no BNB directly.businesswire.com

Worth knowing

  1. 01The 2x target resets every day, so multi-day results compound and can drift from twice BNB's move. Teucrium says it is not designed for long-term holding.teucrium.com
  2. 02A small, thinly traded fund next to the 2x bitcoin and ether names, which can mean wider spreads and more slippage on size.
  3. 03Young fund, short history: not much evidence yet on how the swap-based structure behaves across a full crypto cycle.

XBNB Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Other
Holdings
3
Top-10 weight
260%
Largest holding
MVBNB INDEX-SWAP-FLCX-L199.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—MVBNB INDEX-SWAP-FLCX-L199.20%838$642K1
002—US BANK MMDA - USBGFS 9 09/01/203761.23%197,432$197K20

Showing 1–2 of 2 holdings

XBNB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

XBNB$16,199
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. XBNB $16,199. SPY $10,415. Use the arrow keys to read each point.$7,817$12,627$17,437Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for XBNB. Periods over one year show the average yearly return.
PeriodXBNB
Year to dateFund launched this year—
1 month+32.2%
3 months+62.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XBNB
YearReturn barXBNB
2026 YTD+34.7%

Since listing, Apr 28, 2026

XBNB in the news

ETF.net Research hasn’t filed on XBNB yet — coverage lands here as it’s written.

XBNB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.003 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. May 27, 2026 $0.003. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
May 27, 2026May 28, 2026$0.003

XBNB Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.36
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

XBNB Cost

Expense ratio1.89%
  • The middle half of 2x Long Crypto funds
  • Median 1.89%

6 of the 15 2x Long Crypto funds charge less.

XBNB costs $189.00 a year on $10,000. The median 2x Long Crypto fund costs $189.00.