The XRP ETF for Canada managed by 3iQ has surpassed 50 million USD in assets just 23 days after its launch, thanks to a 0% management fee for the first 6 months.
This ETF is the optimal choice for investors looking to access XRP – the third-largest cryptocurrency in the world, with asset safety assurances and tax advantages in Canada.
MAIN CONTENT
3iQ's XRPQ ETF surpassed 50 million USD in assets just 23 days after its launch.
No management fees in the first six months, appealing to both individual and institutional investors.
Ripple Labs participated in the initial investment, with assets securely stored in a cold wallet.
Why do investors choose XRPQ for cost-effective access to XRP?
CEO Pascal St-Jean emphasized that the main attraction of XRPQ lies in its low management fees and access to XRP – the third-largest cryptocurrency by market capitalization, helping to attract both individual and institutional investors.
XRPQ has no management fees in the first 6 months, holding all assets in long-term XRP from strictly regulated platforms and OTC. Assets are kept in a separate cold wallet, ensuring maximum safety for investors.
How does Ripple Labs becoming a founding investor affect XRPQ?
Ripple Labs plays the role of founding investor of the XRPQ ETF, enhancing the credibility and trust of investors in the ETF fund.
The assets held in an independent cold wallet provide maximum peace of mind regarding ownership and security. Additionally, the fund is permitted to trade on Canada's tax-advantaged accounts like TFSA and RRSP, while also reaching global investors through the Toronto Stock Exchange.
The fact that XRPQ reached the milestone of 50 million USD in just over three weeks after launch demonstrates the increasing demand for safe, low-cost, and highly transparent cryptocurrency investment products.
Pascal St-Jean, CEO of 3iQ, July 2025
What success is 3iQ building on with the rapid growth of XRPQ?
3iQ has previously launched the Solana Staking ETF (SOLQ), the largest Solana ETF in North America, an important step towards expanding into XRP with XRPQ.
With rapidly surpassing 50 million USD in assets, XRPQ strengthens 3iQ's pioneering position in the cryptocurrency ETF space in the North American market, reflecting investor confidence in the ETF product combining low costs, high security, and legal compliance.
Frequently Asked Questions (FAQ)
What is 3iQ's XRPQ ETF?
The XRPQ ETF is the largest ETF investment fund in Canada specializing in XRP, providing direct access to the third-largest cryptocurrency by market capitalization. The fund is listed on the Toronto Stock Exchange with high security and legal standards.
Why did 3iQ launch the XRPQ ETF?
3iQ created XRPQ to meet the increasing demand from investors for a clearly regulated, cost-effective product that provides easy access through tax-advantaged accounts like TFSA and RRSP in Canada.
How much has the XRPQ ETF raised since its launch?
In just 23 days, this fund has exceeded 50 million USD in total assets under management, making it the fastest-growing ETF for XRP in Canada.
How to buy the XRPQ ETF?
Investors can purchase XRPQ on the Toronto Stock Exchange (TSX) through brokerage platforms while holding it in tax-advantaged accounts like TFSA or RRSP.
Source: https://tintucbitcoin.com/xrpq-3iq-dat-50-trieu-usd-aum/
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