GraniteShares is seeking SEC approval for exchange-traded funds that would allow investors to significantly amplify their XRP holdings, both positively and negatively.

Leveraged Crypto ETF Launch

Institutional investors are increasing their investments in leveraged crypto products. New exchange-traded funds (ETFs) are being prepared to offer three times the daily gains on XRP, bitcoin, ether, and solana.

Market Impact

These new ETFs are anticipated to significantly impact trading desks on Wall Street.

Graniteshares Initiative

Graniteshares is planning to launch leveraged crypto ETFs to meet the rising demand from institutions.

Demand for Digital Assets

There's a surge in institutional demand for leveraged exposure to digital assets, including XRP.