GraniteShares 3x XRP ETF Filing Sparks Investor Attention Amid Market Uncertainty

• GraniteShares 3x XRP ETF filing boosts leveraged trading interest amid SEC review.
• XRP price tests key $2.85 support as investor sentiment turns cautious before rulings.
• Over $300M inflows into XRP ETFs show sustained demand despite market volatility.

GraniteShares 3x XRP ETF filing with the U.S. Securities and Exchange Commission (SEC) has increased investor discussions around leveraged crypto products and Ripple’s growing market appeal. Filed on October 7, the GraniteShares 3x XRP ETF aims to offer traders higher exposure to XRP through both long and short leveraged products. The filing comes as the SEC prepares to decide on six Ripple-related ETF applications this month, signaling expanding institutional interest in XRP-focused financial products.

The GraniteShares 3x XRP ETF will allow investors to triple their daily exposure to the underlying asset, making it a high-risk, high-reward product. Its introduction follows strong demand for existing 2x XRP ETFs launched by ProShares and Teucrium, which have attracted large investor inflows despite broader crypto market volatility.

GraniteShares 3x XRP ETF Gains Traction Among Traders

The GraniteShares 3x XRP ETF represents a big step forward for leveraged crypto instruments in the United States. Data shows that the Teucrium 2x XRP ETF (XXRP) has accumulated over $440 million in assets since its launch in August 2025, while the REX-Osprey XRP ETF (XRPR) has gathered more than $87 million in less than three weeks. Combined, leveraged XRP ETFs have attracted more than $300 million in net inflows, underscoring strong investor demand for XRP exposure.

Pro-XRP lawyer Bill Morgan stated that the new ETF filing could trigger “panic buying” among investors as excitement builds over the possibility of enhanced leveraged products. He emphasized that XRP continues to attract substantial retail and institutional interest despite ongoing regulatory scrutiny. The GraniteShares 3x XRP ETF adds to the growing list of XRP-based financial products awaiting SEC approval.

XRP Price Holds at $2.85 Support Level

Following the GraniteShares 3x XRP ETF filing, XRP’s price has remained under pressure near $2.85. Analysts describe this as a key technical support area after a 4.5% decline over the past week. Market analyst Peter Brandt noted that if XRP loses support at $2.68, it could fall further toward $2.20, while a rebound above $3.00 could restore short-term momentum.

Blockchain analytics platform Santiment reported that XRP retail sentiment has turned bearish. The firm recorded the highest level of retail fear in six months, coinciding with the rise in leveraged product activity. Bearish commentary has outnumbered bullish sentiment on multiple trading days, reflecting investor caution as the SEC reviews multiple ETF proposals.

The SEC’s upcoming rulings on Ripple-linked ETFs, including the GraniteShares 3x XRP ETF, are expected to influence both institutional participation and near-term XRP price movements. Despite current uncertainty, the surge in leveraged XRP ETF filings highlights continued confidence in Ripple’s market position.