GraniteShares Files 3x Leveraged XRP ETF Proposal to SEC

GraniteShares has officially filed a proposal for a 3x leveraged Exchange-Traded Fund (ETF) focused on XRP with the U.S. Securities and Exchange Commission (SEC). This move could significantly impact XRP’s market volatility, potentially leading to increased trading activity among both institutional and retail investors. While approval is pending, the launch of this 3x XRP ETF marks a significant step forward in the world of leveraged cryptocurrency products.