Attention has increased around XRP ETFs after Chad Steingraber posted that the “Next set of XRP ETFs launching April 23rd.” The post centers on timing and notes the upcoming launch of GraniteShares XRP ETF on that date.
The message emphasizes April 23 as a key point in the rollout of XRP ETF activity. It signals that the market is moving closer to another structured ETF event tied to XRP exposure.
Next set of XRP ETF’s launching April 23rd
🔥✅ https://t.co/iTVjduhheq pic.twitter.com/GCp8nyrt6r
— Chad Steingraber (@ChadSteingraber) April 15, 2026
GraniteShares Filing Details Leveraged XRP ETFs
ChartNerd provided additional detail on the filing behind the update. He referenced the submission of GraniteShares ETF Trust to the SEC under Form N-1A. The filing introduces two leveraged XRP products. It includes a 3x long XRP daily ETF and a 3x short XRP daily ETF. These products have been in the pipeline since 2025, and are now about to cross the finish line.
ChartNerd described the update as a “massive” development. ETFs have brought considerable institutional capital into the XRP ecosystem, and GraniteShares product could expand the asset’s appeal. The filing targets an effective date of April 23, 2026, and the structure expands access to XRP ETF beyond spot exposure.
It introduces leveraged instruments similar to Teucrium’s XRP ETF. GraniteShares’ product tracks daily XRP price movements in both directions, providing regulated exposure for traders seeking amplified directional positions on XRP.
The High Demand for XRP ETFs
Multiple spot XRP ETFs launched in late 2025. These include the REX-Osprey XRP ETF (XRPR), the Bitwise XRP ETF, the Grayscale XRP Trust conversion product, and the Franklin Templeton XRP exposure ETF.
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These products recorded early inflows shortly after launch. Canary Capital’s XRP ETF drew $58 million in first-day trading volume, while early-stage AUM across multiple XRP ETF products moved into the hundreds of millions. Within a few weeks, the AUM surpassed $1 billion, showing significant interest in these products.
Trading activity remained consistent across spot-linked XRP ETFs. This activity came despite relatively muted attention compared to Bitcoin ETF launches. Even without comparable hype cycles, XRP ETFs still attracted steady capital allocation across issuers.
The Next Key Reference Point
The GraniteShares filing adds a new layer to XRP ETF expansion. The introduction of 3x long and 3x short products extends XRP exposure options within regulated markets. April 23 now stands as the shared reference point for investors seeking more ways to engage with XRP.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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