3IQ’s XRP ETF Shatters $50M Barrier Fast—Is This the Next Crypto Giant in Play?

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Well, what do we have here? A freshly launched XRP ETF in Canada has sailed past the $50 million mark in mere weeks—no big deal, right? It’s all thanks to zero fees, crystal-clear regulations, and a sprinkle of that institutional-grade crypto exposure magic.

3IQ’s XRP ETF Crosses $50M in Weeks With Zero Fees and Full Regulatory Backing

As crypto demand skyrockets, particularly for regulated investments in assets like XRP, capital is rushing toward ETFs that boast transparency, no fees, and—wait for it—institutional-level custody. Digital asset manager 3IQ recently dropped a bombshell on July 14, revealing that its XRP-focused ETF, traded under the names XRPQ and XRPQ.U on the Toronto Stock Exchange, has already surpassed $50 million in assets under management. That’s less than a month, by the way. Talk about a speedy rise to the top!

3IQ XRP ETF (TSX: XRPQ, XRPQ.U), Canada’s largest XRP ETF, has surpassed USD 50 million in client assets since its launch on June 18.

And just when you thought it couldn’t get any better—3IQ’s rolling out a six-month introductory period with ZERO management fees. That’s right, you can get in on XRP without the usual cost drag. But hurry up—this sweet deal won’t last forever.

Now, for the fine print: this ETF exclusively holds long-term XRP from regulated trading platforms and OTC counterparties. Plus, it’s one of North America’s very first publicly traded vehicles that provides direct exposure to XRP. Ripple Labs, the blockchain powerhouse, even threw in some seed investment—so yeah, they’re clearly confident about this ride.

3IQ’s big boss, Pascal St-Jean, had this to say: “Our XRP ETF’s massive growth shows how retail and institutional investors are getting pickier. They’re choosing assets that offer flexibility, low fees, and—of course—XRP.” He’s right, though. The ETF’s zero-fee launch is a huge contrast to the higher premiums that earlier digital asset ETFs used to charge. So, who’s laughing now?

And for those who are wondering about security—don’t worry. All XRPQ assets are locked up in fully segregated cold storage. Oh, and it’s eligible for registered accounts in Canada, so there’s that. It’s also available to international investors, where it’s allowed, of course. In a world where transparency and cost-efficiency are the name of the game, 3IQ’s explosive growth just goes to show that investors are now putting their money into regulated digital asset strategies.

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2025-07-15 06:02