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GraniteShares delays launch of leveraged XRP and crypto ETFs to November 30, 2026, with no reason given.

Market News
27 Oct 2026, 13:38 WIB
Blockonomi
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Neutral
GraniteShares delays launch of leveraged XRP and crypto ETFs to November 30, 2026, with no reason given.

GraniteShares ETF Trust filed an amendment with the SEC to delay the effective date of its leveraged crypto ETFs, including 3x Long and 3x Short XRP Daily ETFs, as well as Bitcoin, Ethereum, and Solana funds, to November 30, 2026. The filing does not provide a reason for the delay and makes no mention of the upcoming US midterm elections, which occur shortly before the new date. This postponement means investors must wait longer for these leveraged crypto products to launch. Market watchers are curious if political factors influenced the delay, but no direct link is stated in the filing.

The delay in launching leveraged XRP ETFs adds to the waiting game for crypto investors. On Pluang as of Oct 27, 2026 17:52 WIB, XRP trades at Rp23.554 with a 1-day gain of 1.26%, while Bitcoin and Ethereum show slight declines of 0.38% and 0.36% respectively. XRP's market cap stands at Rp1.493,08 trillion, with active selling dominating at 84%, reflecting cautious sentiment despite the price uptick.

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