3IQ’s XRP ETF Shatters $50M Barrier Fast—Is This the Next Crypto Giant in Play?
2025-07-15 02:37:34
Main Idea
3IQ's XRP-focused ETF in Canada has surpassed $50 million in assets under management within a month of its launch, reflecting strong investor interest in cost-efficient, regulated crypto investment vehicles.
Key Points
1. 3IQ's XRP ETF (XRPQ, XRPQ.U) exceeded $50 million in assets under management less than a month after its June 18 launch on the Toronto Stock Exchange.
2. The ETF offers 0% management fees and provides exposure to XRP through a publicly traded vehicle, with holdings sourced from regulated trading platforms and OTC markets.
3. Assets are secured in fully segregated cold storage, emphasizing transparency and compliance.
4. Seed investment from Ripple Labs supports the ETF, highlighting growing institutional interest in regulated crypto products.
5. The rapid growth of the ETF reflects market demand for cost-efficient and transparent digital asset investment options.
Description
A newly launched XRP ETF in Canada has surged past $50 million in assets within weeks, fueled by zero fees, regulatory clarity, and institutional-grade crypto exposure. 3IQ’s XRP ETF Crosses $50M in Weeks With Zero Fees and Full Regulatory Backing Rising demand for regulated crypto investment products, particularly in assets like XRP, is driving capital
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