- 3iQ’s XRP ETF achieves $50M AUM milestone quickly.
- Largest XRP ETF in Canada post-launch.
- 0% management fee attracts institutional interest.
3iQ Corp’s XRP ETF, launched on June 18, 2025, on the Toronto Stock Exchange, surpassed $50 million in assets under management within 23 days.
The rapid growth of 3iQ’s XRP ETF highlights the surging interest and potential expansion in digital asset offerings within traditional financial markets.
Introduction
3iQ Corp’s rollout of Canada’s first XRP ETF marks a significant milestone in North American financial products. Within less than a month, the fund achieved over $50 million AUM. This achievement places the ETF as the largest of its kind in Canada, confirming the market’s confidence and demand.
Investment Appeal
As an innovative investment vehicle offering 100% exposure to XRP, the ETF appeals to both institutional and retail investors. Ripple, as a reputed entity in the cryptocurrency domain, contributed as an early investor, enhancing the ETF’s credibility and attractiveness. 3iQ Corp. described this achievement as follows:
“3iQ XRP ETF (TSX: XRPQ, XRPQ.U), Canada’s largest XRP ETF, has surpassed USD 50 million in client assets since launch on June 18.” – Official website
Immediate market consequences include increased visibility for XRP and stronger engagement from financial stakeholders. The ETF’s zero management fee for the initial six months played a role in its rapid growth, enabling substantial participation from diverse investment profiles.
Market Implications
The ETF’s implications showcase an evolving financial landscape, encouraging integration between crypto assets and traditional finance. As institutions can now partake in traditional holdings of XRP, potential financial benefits extend to a broader market segment, impacting both valuations and future product offerings.
Noteworthy is 3iQ’s alignment with compliance standards as the ETF received approval from Canadian regulatory authorities. Historical data from previous crypto ETFs indicate potential positive trends but suggest long-term price impacts remain speculative.
Regulatory frameworks in Canada appear supportive of crypto innovations, influencing global markets. This progress potentially paves the way for further financial, technological, and regulatory advancements, driving digital asset adoption in conventional finance settings.
