How does the GraniteShares expense limitation agreement affect its long and short XRP ETFs?
Confirmed Published 1 min read
Short answer
GraniteShares ETF Trust and GraniteShares Advisors entered into an expense limitation agreement effective September 11, 2026, covering numerous funds including the GraniteShares 3x Long XRP Daily ETF and 3x Short XRP Daily ETF, capping their operating expenses through December 31, 2027.
The full answer
What did U.S. Securities and Exchange Commission state?
On September 11, 2026, U.S. Securities and Exchange Commission stated the following. GraniteShares ETF Trust and GraniteShares Advisors entered into an expense limitation agreement effective September 11, 2026, covering numerous funds including the GraniteShares 3x Long XRP Daily ETF and 3x Short XRP Daily ETF, capping their operating expenses through December 31, 2027. [1]
The source’s own words, in the original language: “GraniteShares 3x Long XRP Daily ETF GraniteShares 3x Short XRP Daily ETF” [1]
Where does this fit on the site?
For the wider picture, see Why did Ripple sign a business combination agreement with Armada Acquisition Corp. II and Evernorth? and Which company distributes the Canary XRP ETF under its marketing agent agreement?. Two related questions are Why did Themes ETF Trust delay the launch of its 2X Long and 2X Short XRP ETFs? and What happened to the CLARITY Act, and does it affect XRP?
What we know
- GraniteShares ETF Trust and GraniteShares Advisors entered into an expense limitation agreement effective September 11, 2026, covering numerous funds including the GraniteShares 3x Long XRP Daily ETF and 3x Short XRP Daily ETF, capping their operating expenses through December 31, 2027 (U.S. Securities and Exchange Commission, September 11, 2026).
In plain English
GraniteShares ETF Trust and GraniteShares Advisors entered into an expense limitation agreement effective September 11, 2026, covering numerous funds including the GraniteShares 3x Long XRP Daily ETF and 3x Short XRP Daily ETF, capping their operating expenses through December 31, 2027.
Sources
- SEC EDGAR filing exhibit — U.S. Securities and Exchange Commission, 2026-09-11 Primary
Update log
- — Published.
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