GraniteShares has delayed the launch of its 3x Long and Short XRP ETFs to May 7, 2026, following a new amendment filed with the U.S. Securities and Exchange Commission. The ETFs, initially set to debut in late April, are part of a broader batch that includes leveraged products tied to Bitcoin, Ethereum, and Solana. The delay comes amid increased scrutiny from regulators on leveraged ETFs, which carry higher risks due to daily resets and compounding effects. Despite the postponement, XRP has seen significant accumulation from institutions, whales, and retail investors. Large holders have been adding an average of 11 million XRP daily in April, with mid-sized wallets reaching a record 1.1 million. However, XRP's price has weakened slightly, hovering near $1.40, as the market grapples with mixed signals of supply tightening and short-term demand slowdown. The delay in the ETF launch has contributed to a temporary dip in XRP's price, though accumulation trends suggest potential for recovery.