XRP News Today: 3iQ XRP ETF Attracts C$32 Million in Assets in Three Days

3iQ Digital Asset Management has announced a significant breakthrough with the launch of its 3iQ XRP ETF (Ticker: $XRPQ) on the Toronto Stock Exchange. In just three trading days, the fund has already attracted C$32 million in assets under management (AUM), establishing itself as the largest XRP-focused exchange-traded fund in Canada. This milestone highlights growing investor demand for regulated exposure to XRP, one of the world’s most recognized digital assets.

The 3iQ XRP ETF is among the first of its kind in North America, offering investors indirect access to XRP in a regulated, exchange-listed format. By structuring the product as a traditional ETF, 3iQ eliminates the challenges commonly associated with holding digital assets, such as custody, wallet management, and exchange risk, making it more accessible to both institutional and retail investors. To further enhance its appeal, 3iQ is offering the fund with a 0% management fee for the first six months. This competitive pricing structure has undoubtedly contributed to the strong inflow of capital.

Pascal St-Jean, President and CEO of 3iQ, commented on the success: “Our XRP ETF’s impressive success after only a few days of trading, similar to what our Solana Staking ETF experienced very shortly after its launch, underscores the benefits we offer to both retail and institutional investors looking to increase exposure to digital assets.”

XRPQ’s early success also reflects Canada’s progressive stance on digital asset regulation, especially compared to the regulatory environment in the United States. While Canada has embraced a broad range of crypto ETFs beyond Bitcoin and Ethereum, the U.S. Securities and Exchange Commission (SEC) has yet to approve any XRP-based ETFs. Several asset managers, including Bitwise, have either applied for or expressed interest in launching spot XRP ETFs in the U.S. However, these applications remain in limbo amid continued regulatory uncertainty. In contrast, Canadian regulators have taken a more open approach, enabling 3iQ to gain a crucial first-mover advantage. This regulatory clarity has allowed the firm to launch XRPQ at a time when demand for digital asset exposure is steadily increasing across global markets.

XRP’s value proposition, such as fast, low-cost, cross-border transactions, has long made it attractive to investors looking beyond Bitcoin and Ethereum. The launch of XRPQ taps into this growing interest while providing a secure, professionally managed avenue for exposure. With C$32 million in AUM achieved within days, the fund is already signaling strong market conviction. As 3iQ continues to pioneer innovative digital asset products, the success of its XRP ETF could pave the way for further XRP-focused financial instruments in other jurisdictions. For now, XRPQ stands as a landmark achievement, offering investors a powerful, regulated gateway into one of the most utility-driven assets in the crypto space.