3iQ, a Canadian digital asset investment firm, announces the launch of the largest XRP ETF in the country, attracting significant investment.
Launch and Financial Highlights
The 3iQ XRP ETF (TSX: XRPQ) was launched just three days after the announcement, collecting over CAD 32 million in its initial stage. Notably, Ripple is listed among the early investors in the fund.
Advantages and Features of the ETF
The ETF was introduced with a 0% management fee for the first six months, making it one of the cheapest digital assets in North America. XRP is held in secure cold storage and is available for investment through registered Canadian accounts.
Previous Achievements of 3iQ
This is not 3iQ's first success. In April 2025, it launched the Solana Staking ETF (SOLQ), which became the largest Solana ETF in Canada, raising CAD 90 million. The fund also attracted major investors like SkyBridge Capital.
The launch of the 3iQ XRP ETF underscores the growing interest of investors in safe and reliable ways to invest in digital assets. 3iQ's CEO, Pascal St-Jean, noted that the strong demand for XRP and Solana ETFs indicates a desire for dependable investment tools.
