SEC Delays New XRP ETF Again: Is US Midterm Election To Blame?

The US Securities and Exchange Commission (SEC) has pushed back the effective date of a GraniteShares filing covering leveraged XRP ETF. This action has delayed the anticipation of investors for new investment products that will be associated with Ripple's XRP. SEC Sets November 30 Deadline For New XRP ETFs The filing comes just days before the November 3 U.S. midterm elections. It has questioned the political uncertainty's impact on the regulatory timeline. But the document does not contain a connection to the elections. On October 26, 2026, GraniteShares ETF Trust filed a post-effective amendment with the SEC.