GraniteShares delayed its 3x Long and 3x Short XRP Daily ETFs from April 23 to May 7 using Rule 485, which allows issuers to shift effective dates without restarting the SEC review process.The delay is the fifth since the original April 2 target date, following the same 3x leverage structure that caused the SEC to push back on ProShares, which withdrew its entire 3x crypto lineup in December 2025.If the May 7 date is missed, the funds may not launch in 2026, according to 247 Wall St., as the regulatory window for 3x leveraged crypto ETFs remains unresolved.