Why did Themes ETF Trust delay the launch of its 2X Long and 2X Short XRP ETFs?

The full answer

What did U.S. Securities and Exchange Commission state?

On October 2, 2026, U.S. Securities and Exchange Commission stated the following. Themes ETF Trust filed a post-effective amendment delaying the effectiveness of its proposed Leverage Shares 2X Long and 2X Short XRP Daily ETFs until October 30, 2026. [1]

The source’s own words: “The sole purpose of this filing is to delay the effectiveness of Post-Effective Amendment No. 27 (the “Amendment”) to the Registrant’s Registration Statement (filed on March 19, 2025) with respect to 8 of its proposed series (Leverage Shares 2X Long Bitcoin Daily ETF, Leverage Shares 2X Short Bitcoin Daily ETF, Leverage Shares 2X Long Ether Daily ETF, Leverage Shares 2X Short Ether Daily ETF, Leverage Shares 2X Long XRP Daily ETF, Leverage Shares 2X Short XRP Daily ETF, Leverage Shares 2X Long Solana Daily ETF, Leverage Shares 2X Short Solana Daily ETF) until October 30, 2026.” [1]

Where does this fit on the site?

For the wider picture, see Can the Grayscale XRP Trust ETF use Anchorage Digital as a custodian and create shares in-kind for XRP? and How do in-kind creations and Anchorage Digital custody change the Grayscale XRP Trust ETF?. Two related questions are Is Ripple becoming a bank (Ripple National Trust Bank)? and What is a trust line, and how do I check that a token on the XRP Ledger is genuine?