๐จ Big news for #XRP! ๐จ
The chances of an XRP ETF being approved in the ๐บ๐ธ US are rising after Rippleโs settlement with the SEC โ and now the good news keeps rolling in globally! ๐๐
๐ฅ The latest boost comes from Canada! According to @CoinDesk, Canadian crypto asset manager 3iQ just launched an XRP ETF with 0% management fees for 6 months! ๐ธ๐ผ
๐ฅ Trading under the ticker XRPQ on the Toronto Stock Exchange, this ETF gives investors direct exposure to the 4th-largest cryptocurrency by market cap.
๐ All assets are stored in cold wallets, and the ETF only holds long XRP positions from trusted exchanges and OTC platforms.
๐ Itโs one of the first XRP ETFs in North America, offering a transparent, secure, and low-cost way to invest long-term in XRP. ๐
๐ฃ๏ธ 3iQโs CEO, Pascal St-Jean, stated:
โXRP has shown strong growth potential over the past decade. This innovative strategy allows Canadian and global investors to access XRP safely, affordably, and tax-efficiently.โ ๐ผ๐
๐ก Plus, Ripple Labs is backing the move โ a sign of growing confidence in XRPโs future! ๐ช
๐ And thereโs more: Purpose Investments is also launching its own spot XRP ETF (TSX: XRPP) this week!
๐ XRP is definitely heating up on the global stage! #xrp #Ripple