Canada’s 3IQ XRP ETF Crosses $50M AUM in Less Than a Month Since Launch

Key Points

1. 3IQ’s XRP ETF (XRPQ and XRPQ.U) exceeded $50 million in AUM shortly after its launch on the Toronto Stock Exchange.

2. The ETF is among North America’s first publicly traded XRP investment vehicles, offering direct exposure to XRP sourced from regulated platforms.

3. Bloomberg analysts estimate a 95% chance of an XRP spot ETF approval in the US, signaling potential regulatory shifts.

4. Ripple directly invested in the ETF, which initially offered a six-month 0% management fee to attract investors.

5. Institutional interest in XRP is growing, as evidenced by VivoPower’s $121 million investment in XRP as a strategic reserve.