XRP News Today: 3iQ Launches XRP ETF on TSX with 0% Management Fee

The Toronto Stock Exchange (TSX) has seen the launch of the 3iQ XRP ETF (XRPQ, XRPQ.U), marking a significant milestone in the digital asset investment landscape. This new exchange-traded fund, backed by Ripple, provides investors with exposure to XRP, the third-largest digital asset by market capitalization. The ETF, which began trading on June 18, 2025, is the second spot XRP ETF to be listed in Canada, following the launch of the Purpose XRP ETF earlier in the week.

3iQ Corp., a global pioneer in digital asset investment solutions, has developed the 3iQ XRP ETF to offer investors a transparent and cost-effective way to gain long-term exposure to XRP. The ETF will invest solely in long-term holdings of XRP, purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage, ensuring the highest level of security for investors.

The launch of the 3iQ XRP ETF is part of 3iQ's ongoing mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework. The ETF debuts with a 0% management fee for the first six months, making it one of the most competitively priced digital asset ETFs on the market. This fee structure, combined with the ETF's transparent and secure investment approach, positions it as an attractive option for both Canadian and qualified global investors.

Ripple, a leader in enterprise blockchain and crypto solutions, has shown its support for the 3iQ XRP ETF by becoming an early investor in the fund. This investment reflects Ripple's commitment to advancing the digital asset space and its confidence in the growth potential of XRP. XRP, the native digital asset of the XRP Ledger, has demonstrated significant growth over the past decade, with its price increasing by more than 10,800% since January 2015. The XRPL is designed for high-speed, low-cost payments across borders, with transaction settlement times of three to five seconds and fees often less than a fraction of a cent.

The launch of the 3iQ XRP ETF comes at a time of growing institutional interest in digital assets and increasing regulatory clarity. This ETF, along with the Purpose XRP ETF, provides investors with a regulated and secure way to access the digital asset market. The ETFs are available for investment through registered accounts in Canada and enable access for qualified investors globally, subject to local regulations.

The 3iQ XRP ETF is the latest addition to 3iQ's suite of digital asset investment solutions. Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ quickly became the largest Solana ETF following its launch and has over $120 million USD in assets under management as of June 12, 2025. 3iQ's track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions is further reinforced by the launch of the 3iQ XRP ETF.

According to the announcement, the launch of the 3iQ XRP ETF (XRPQ) on the Toronto Stock Exchange (TSX) provides investors with direct exposure to XRP, the fourth-largest cryptocurrency by market capitalization, without the need to hold the asset itself. The ETF will feature a 0% management fee for the first six months and will invest strictly in long-term XRP positions purchased from popular exchanges and OTC platforms, with all holdings kept safely in cold storage. XRPQ is accessible to qualified international investors, depending on local regulations.

3iQ’s launch comes after asset manager Purpose Investments announced it would also begin trading of its spot XRP ETF on the Toronto Stock Exchange on Wednesday under the XRPP ticker. The launches come as institutional appetite for XRP continues to grow, particularly as Ripple and the U.S. Securities and Exchange Commission (SEC) work towards wrapping up their longstanding case. Although the US regulator has already approved spot investment vehicles for Bitcoin and Ether, many investment managers are vying to be the first to be approved for tokens like XRP.

According to the analyst's forecast, spot XRP ETFs in the US have an 85% chance of approval in 2025. The price of XRP is trading at around $2.14 at publication time, down 1.5% in the last 24 hours. The XRP Ledger is designed for high-speed, low-cost payments across borders, with transaction settlement times of three to five seconds and fees often less than a fraction of a cent.