3iQ Launches North America’s First XRP ETF, Offering New Crypto Investment Access

Highlights:

• 3iQ launches North America’s first ETF, XRPQ, that is based on XRP on the Toronto Stock Exchange.
• XRPQ features zero management fees for the first six months.
• Ripple is one of the first investors in the 3iQ XRP ETF project.

3iQ began trading its new XRP ETF, ticker symbols XRPQ and XRPQ.U, on the Toronto Stock Exchange today. According to the press release, 3iQ XRP ETF will provide investors with secure access to XRP, which ranks among the top three cryptocurrencies in terms of market cap. The launch is a major milestone because institutions are moving beyond Bitcoin and Ethereum.

We are excited to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) — one of the first ETFs in North America to provide exposure to #XRP.

XRPQ debuts with a 0% management fee for the first six months, and @Ripple as an early investor in the fund.

“The launch of XRPQ… pic.twitter.com/me19RLAzJI

— 3iQ Digital Asset Management (@3iq_corp) June 18, 2025

With a 0% management fee during the first 6 months, XRPQ is one of the most competitive products of a digital asset. The ETF will hold XRP obtained via approved trading platforms and OTC desks. The entire holdings will be stored in cold storage to provide maximum security.

Ripple was an early supporter of this ETF, which strengthens the ties between the blockchain company and the investment funds of 3iQ. Since 2015, XRP has increased by more than 10,800% and continues to rank among the fastest blockchain networks. Transactions on the XRP Ledger can be performed in a few seconds, at a low cost, which makes it suitable for use in cases such as remittance and liquidity management.

3iQ Strengthens Digital Asset Offerings

3iQ is growing its development of crypto-based investment solutions. The firm introduced Solana Staking ETF (SOLQ) earlier this year, which already boasts assets totaling more than $120 million. The fund turned out to be the largest Solana ETF soon after its debut.

BREAKING: @3iQ_Corp LAUNCHES WORLD’S FIRST SOLANA STAKING ETF!!! pic.twitter.com/8Ph6fFyJCB

— SolanaNews.sol (@solananew) April 16, 2025

Today, 3iQ brings that momentum to the XRP market. Canadian investors can now invest in the XRPQ product in registered accounts. It is also open to international investors, subject to local laws.

The XRP ETF offering comes as the institutional appetite toward compliant digital asset vehicles grows. As the crypto industry continues to expand, investors seek clarified, secure, and custody-based solutions. In Canada, 3iQ became the first company to present regulated Bitcoin and Ether funds. The new XRP ETF continues that legacy with an investment in a token that has high utility and regulatory interest. XRP is becoming increasingly used in global finance, especially in cross-border payments, which promotes its wider use.

In parallel, Purpose Investments also launched its XRP ETF (XRPP) this week. This demonstrates the increase in competitive nature in the Canadian market of digital assets.

Growing Interest in Spot XRP ETFs

The spot XRP ETFs in the U.S. market are awaiting approval. More than 10 applications are pending consideration by the SEC, and the ruling is anticipated in October 2025. Companies such as Franklin Templeton have filed for XRP and Solana spot ETFs.

Meanwhile, Canada is proceeding with XRP investment products. 3iQ’s XRPQ contributes to the trend of getting direct XRP exposure with a regulated fund, making Canada one of the hubs of growth of crypto ETFs. XRPQ enables eligible investors to diversify portfolios, reducing exposure to long-term assets that are gaining international relevance. The XRPQ with cold storage custody, transparent price, and zero-fee launch strives to establish a new standard of digital asset ETFs.

3iQ intends to keep issuing new funds as its market of safe crypto investments increases. The XRP ETF comes as a complement to the rest of the products offered that aim to satisfy the requirements of the regulators and the confidence of the investors.