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GraniteShares sets May 7 target for Nasdaq debut of 3x leveraged XRP ETFs after multiple delays

GraniteShares' 3x Long and 3x Short XRP ETFs are now slated to launch on Nasdaq on May 7, following five delays since the original April 2 target date. If listed, the products would give U.S. retail investors their first regulated route to take 3x leveraged long or short exposure to XRP through a standard brokerage account. The same filing also includes 3x leveraged products tied to BTC, ETH, SOL and XRP, with the SEC focused on reviewing the 3x structure itself. Another postponement would echo the path seen with ProShares, which withdrew a similar 3x XRP product in December 2025. May 7 now stands as the key decision point.
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