GraniteShares is set to list 3x Long and 3x Short XRP ETFs on the Nasdaq on May 7, 2026, providing retail traders regulated access to leveraged positions through standard brokerage accounts. The news accompanied XRP's price recovery to $1.39 on rising volume. Meanwhile, the Pepeto ($PEPETO) presale has surpassed $9.78 million, with its Binance listing approaching.
GraniteShares 3x XRP ETFs Target May 7
According to 24/7 Wall St, the two leveraged ETFs will debut after five delays. Coinbase activated Trade at Settlement for XRP futures on May 1, allowing institutional settlement at daily closing prices. XRP currently trades at $1.39 after breaking resistance at that level. Technical resistance sits at $1.50 (100-day EMA), with support at $1.30. If the CLARITY Act advances during the Senate Banking Committee markup on May 11, XRP could target $2.00.
XRP's Upside Capped by Structural Ceiling
Standard Chartered cut its 2026 XRP target from $8 to $2.80 in February. CoinCodex shows a neutral RSI of 48. Even in the best case, a move from $1.39 to $2.00 represents only 43% gain, requiring months to materialize. In contrast, Pepeto's presale-to-listing spread could deliver multiple returns in a single day.
Pepeto Presale Nears $10M, Binance Listing Imminent
Pepeto offers a trading tool suite including a zero-cost cross-chain bridge and a contract scanner that checks tokens for safety before purchase. The presale price is $0.0000001868, with contracts audited by SolidProof. The team includes the creator of the original Pepe token and a former Binance developer. Staking provides 175% APY. Given that the same co-founder built Pepe to an $11 billion market cap with zero products, a similar trajectory from this entry could yield over 150x. The presale has raised $9.78 million so far, with the Binance listing expected at any moment.
While most tokens trade in narrow ranges, Pepeto's utility-driven model attracts continuous inflows. The choice between leveraged XRP ETFs and presale-to-listing arbitrage defines this week's crypto narrative.