XRP NEWS: GraniteShares Simply Delayed Its 3x XRP ETF for the Fifth Time: Is the SEC Blocking Leveraged Crypto Merchandise?

GraniteShares has pushed its 3x Lengthy and 3x Brief XRP ETF launch to Might 7, the fifth delay in three weeks, and that is bearish information for XRP.

XRP is feeling the regulatory overhang, with merchants watching carefully to see whether or not institutional-grade leverage merchandise ever really arrive. The delay isn’t simply an XRP story. It’s a sign about the place the SEC stands on leveraged crypto publicity in 2026.

The efficient launch date has shifted from April 2 → April 9 → April 16 → April 23 → now Might 7.

The submitting was submitted below SEC Rule 485, a mechanism that enables issuers to maneuver efficient dates with out restarting the complete registration course of.

🚨 JUST IN: GraniteShares 3x leveraged $XRP ETFs delayed till Might 07, 2026. pic.twitter.com/3NB41CqrA3

— RippleXity (@RippleXity) April 23, 2026

Supply: SEC

Critically, all eight leveraged funds in the identical submitting, 3x Lengthy and 3x Brief variations for Bitcoin, Ethereum, Solana, and XRP, have been moved concurrently. Regardless of the SEC is working by means of, it targets the 3x construction itself, not XRP particularly.

Can XRP Value Maintain Help as ETF Delays Pile Up?

XRP is sitting at $1.428 on the each day chart, and probably the most fascinating factor taking place proper now’s that the 9 and 21 MA are crossing bullish for the primary time because the August peak, with value sitting simply above each transferring averages after months of buying and selling under them.

Each earlier MA cross on this chart performed out precisely as anticipated; the blue dots mark every crossover, they usually all led to significant strikes within the route of the cross, which makes the present setup price listening to.

Supply: XRPUSD / Tradingview

The issue is the broader construction. XRP has been in a downtrend since August, printing decrease highs the complete manner from $3.40 all the way down to the February low close to $1.07, and the present restoration remains to be effectively under each vital prior stage.

The $1.50 zone is the instant ceiling that has been capping value for weeks, and above that the $1.90 to $2.00 space is the place actual resistance begins stacking up from the earlier distribution zone.

If the MA cross holds and value can clear $1.50 with conviction, the setup begins to appear like a real pattern reversal try somewhat than simply one other lifeless cat bounce in an extended downtrend.

However till $1.50 flips and the MAs keep bullishly crossed, that is nonetheless a restoration inside a downtrend, and the burden of proof sits with the bulls.

When XRP Information Get Boring, Capital Rotates to New Shiny Issues Like Maxi Doge

XRP’s ETF delay pushes the timeline out once more, and that issues as a result of numerous capital was positioned for a fast catalyst.

When that form of commerce disappears, it doesn’t sit idle, it rotates, often into higher-risk setups with sooner potential upside.

Maxi Doge is leaning straight into that rotation. It’s constructed across the high-leverage dealer mindset, focusing on the identical crowd that chases fast-moving narratives and short-term catalysts. The presale sits round $0.0002815 with roughly $4.75M raised, exhibiting regular inflows somewhat than a one-time spike.

The setup is designed to maintain momentum alive, with staking, buying and selling competitions, and a treasury geared toward fueling liquidity and partnerships. The branding is aggressive and intentional, constructed to unfold shortly in the identical circles that react to ETF headlines.

At this stage, the enchantment is easy, it’s early, it’s narrative-driven, and it sits proper the place capital tends to rotate when bigger catalysts get delayed.

VISIT Maxi Doge.

The submit XRP NEWS: GraniteShares Simply Delayed Its 3x XRP ETF for the Fifth Time: Is the SEC Blocking Leveraged Crypto Merchandise? appeared first on Cryptonews.

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