North America’s Leading XRP ETF Passes Major Milestone
2025-07-14 17:03:24
Main Idea
North America's leading spot XRP ETF, managed by 3iQ Digital Asset Management, has surpassed $50 million in assets, attracting both retail and institutional investors.
Key Points
1. 3iQ Digital Asset Management's spot XRP-based ETF has exceeded $50 million in assets under management.
2. CEO Pascal St-Jean attributes the ETF's early success to participation from both retail and institutional investors.
3. Canada's ETF market is smaller than the US ($432 billion vs. $10 trillion in assets under management).
4. Several issuers, including Franklin Templeton, Bitwise, and 21Shares, are competing to launch a spot XRP ETF in the US, but none have been approved yet.
5. Polymarket bettors predict an 84% chance of an XRP ETF being approved in the US in 2025, down from 98% previously.
Description
The leading North American spot XRP ETF has surpassed $50 million in assets under management
Latest News
- Satoshi-Era Bitcoin Whale Moves Another $2.42 Billion, What's Happening?2025-07-14 22:29:20
- $1.47 Trillion: Bitcoin Hits Groundbreaking Profit Milestone2025-07-14 20:49:41
- Bitcoin Hater Vanguard Benefiting from Rally. Here's How2025-07-14 19:21:20
- North America’s Leading XRP ETF Passes Major Milestone2025-07-14 17:03:24
- 497,506,212 XRP Shift Rocks Market as Price Hits $32025-07-14 16:31:22