The U.S. Securities and Exchange Commission has delayed the launch of GraniteShares’ proposed 3x leveraged crypto exchange-traded funds until Nov. 30 Eastern Time, according to a Techub News brief citing CoinPedia. The products cover eight funds tied to cryptocurrencies including Bitcoin, XRP, Ether and Solana.
GraniteShares had adjusted the launch schedule on Oct. 26 ET. The latest delay came just days before the U.S. midterm elections, as stated in the source material. No additional details on the reason for the change were provided in the input.
The update concerns the listing timeline only. The source did not disclose further product terms, pricing, or any separate regulatory rationale beyond the postponement itself.
The U.S. Securities and Exchange Commission delayed the launch of GraniteShares’ proposed 3x leveraged crypto ETFs to Nov. 30 Eastern Time. The move affects eight products tied to cryptocurrencies including Bitcoin, XRP, Ether and Solana.
According to Techub News, citing CoinPedia, GraniteShares adjusted the launch schedule on Oct. 26 ET. The delay came days before the U.S. midterm elections.
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