GraniteShares’ 3X XRP ETFs Eye May 7 Nasdaq Launch

Published by

Nidhi Kolhapur

May 4, 2026

A 3D XRP coin shattering under the pressure of large red bearish candlestick charts against a deep red background, symbolizing a significant price drop.

GraniteShares is targeting May 7 for the Nasdaq launch of its 3x Long and 3x Short XRP ETFs after five delays since April. If approved, US retail investors would gain regulated access to leveraged XRP trading through standard brokerage accounts. The filing also includes leveraged products tied to Bitcoin, Ethereum, and Solana. The launch is being closely watched as a key test of the SEC’s stance on high-risk crypto ETF structures following similar setbacks faced by other issuers.

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