GraniteShares Files 3× Leveraged XRP ETF for 2025 Launch
GraniteShares has filed two registration statements with the U.S. SEC to launch 3× leveraged XRP ETFs—Long and Short—aiming to deliver triple the daily returns of XRP’s spot price. This proposal marks one of the first XRP ETF offerings with leverage since regulatory clarity in the US, following spot Bitcoin and Ethereum ETF approvals.
The filing also previews similar leveraged ETF products for BTC, ETH and SOL, targeted for December 2025. These leveraged ETFs appeal to short-term traders seeking amplified exposure but carry risks such as daily rebalancing decay and heightened volatility.
While a leveraged XRP ETF could boost XRP liquidity and market activity, it does not replace a spot XRP ETF, which remains delayed due to US government shutdowns. At press time, XRP trades at $2.83, down 1% in 24 hours.
Bullish
The announcement of a 3× leveraged XRP ETF is a bullish signal for XRP’s trading ecosystem. In the short term, the new ETF structure is likely to attract active traders seeking amplified gains, boosting trading volume and liquidity. Historically, leveraged products draw speculative interest, creating spikes in price momentum. Over the long term, the approval process itself reflects growing institutional acceptance of XRP and could pave the way for more sophisticated derivatives. While volatility and decay risks may limit sustained upside, increased market participation and improved liquidity position XRP for healthier price discovery once a spot ETF is approved.