#xrp reached a significant milestone when the Toronto Stock Exchange launched Canada's first spot XRP ETF. The XRPQ fund from 3iQ Corp is now available with a 0% management fee for the first six months. This fund provides you with regulated access to XRP through cold storage agreements and purchases from regulated over-the-counter companies.
Ripple's support as an early investor in the fund shows that they have great faith in the structure and security of the product. The launch coincides with Purpose Investments' competitive XRP ETF on the same platform. This provides Canadian and relevant international investors with two ways to gain exposure to XRP without the need to manage their own wallets.
$XRP is currently trading at $2.15, and since 2015, when it was priced at $0.02, it has shown impressive long-term growth, increasing nearly 10,700%. This growth trajectory is what makes institutions interested in regulated products that provide people access to XRP.
In the United States, more than 10 applications for a spot XRP ETF are awaiting SEC approval. People in the business believe that approval could happen as early as October 2025. Canada's pioneering approach to crypto-ETFs continues to set standards for wider institutional adoption while U.S. investors await clearer rules for domestic products.
