3iQ XRP ETF (Ticker: XRPQ) has achieved a significant milestone, accumulating CAD$32 million in assets in just three days on the Toronto Stock Exchange.
3iQ XRP ETF Market Debut
Launched on June 23, 2025, the 3iQ XRP ETF quickly became Canada's largest XRP-focused ETF. This ETF is notable for offering a zero management fee for the first six months and provides indirect access to XRP, the fourth-largest digital asset by market cap.
The XRP Market and Its Influence on the ETF
Recent volatility in global markets has affected XRP, which briefly dropped below $2 before recovering. This rebound has been attributed to increased futures demand, with nearly $3.96 billion in XRP derivatives traded, indicating renewed institutional interest.
The Future of ETFs and Predictions
The growing interest in ETFs is further evidenced by the SEC's comment period on Franklin Templeton's proposed ETF. Bloomberg analysts predict that the majority of crypto ETFs, including XRP, are likely to receive SEC approval, with XRP having a 90% chance of gaining authorization.
3iQ XRP ETF shows significant growth in a short time, highlighting the increasing attention to XRP from institutional investors and regulators.
