SEC Amendment Pushes GraniteShares 3x XRP ETF Launch to May 7
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GraniteShares pushed the launch of its 3x Long and 3x Short XRP ETFs to May 7, 2026, via an SEC Rule 485 amendment that delays the registration effectiveness for several leveraged crypto ETFs (BTC, ETH, SOL, XRP) without restarting registration. The ETFs are designed to use derivatives (swaps and futures); the delay keeps approval pending and signals regulatory timing risk that may temper short-term XRP/leveraged ETF adoption and market impact.
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- The delay impacts several leveraged crypto ETFs, including BTC, ETH, SOL, and XRP.
- SEC Rule 485 lets issuers shift the effective date without restarting registration.
- Both GraniteShares 3x XRP ETFs are designed to use derivatives like swaps and futures.
GraniteShares has postponed the launch of its highly anticipated 3x Long and 3x Short XRP ETFs to May 7, 2026, after filing an updated amendment with the SEC. The delay pushes back what was originally expected to be one of the first 3x leveraged XRP ETFs listed on a US exchange.
The latest SEC filing states that the amendment’s purpose is to delay the effectiveness of the registration statement covering several leveraged crypto ETFs, including BTC, ETH, SOL, and XRP.
It’s worth noting that the ETFs aren’t canceled, just pushed to May 7, as the approval process is still ongoing. This is just the latest in a …
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