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Today, the Toronto Stock Exchange in Toronto has witnessed a new participant aimed at making XRP easier for investors. 3iq Corp. By launching XRP ETF instantly based, circulating under the XRPQ index, with 0 % preliminary management fees for the first six months.
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based on ReportsThis step provides both retail agents and institutions as a way to practice XRP without concern about private governors or unorganized platforms.
Building confidence through custody
According to advertisementXRPQ will complicate its XRP currencies in cold storage, which is separate for each investor to reduce the opportunity of penetration.
The Fund plans to purchase XRP from organized sources such as excessive offices. This setting reflects what other digital asset funds do for Bitcoin and Ether.
We are excited to announce the launch of 3IQ XRP ETF (TSX: XRPQ, XRPQ.U) – one of the first traded investment funds in North America to provide exposure to #xrp.
XRPQ for the first time with 0 % management fees for the first six months, and @ripple As an early investor in the fund.
XRPQ launch … pic.twitter.com/me19rlazji
3iq Digital Asset Management (@3iq_corp) June 18, 2025
Support from ripples
San Francisco ripple got a share in New boxAccording to reports. The company did not share the amount of its investment, but its support sends a strong message. It shows that Ripple believes in the structure and security of XRPQ, even after years of uncertainty about XRP in American courts.
XRP growth over a decade
Data from 2015 until now shows this XRP price Jump to about 10,700 %, climb from $ 0.02 at the time to $ 2.16 today.
This increase emphasizes the reason why 3IQ CEO and its president, Pascal St. Jean, described this “easy way for Canadians and eligible investors abroad to benefit from XRP growth”. The closing bell of TSX to celebrate the launch.
The purpose joins the battle
Reports also reveal this Investments purpose XRP ETF, XRPP, launched on the same day. This makes two Spot XRP ETFS now available in the same exchange. Both producers aim to give investors an organized path to XRP, but the only time will win the approach that wins more fans.
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We look forward to the approval of the United States
According to industry monitors, more than 10 requests are awaiting the currently the US Securities and Stock Exchange Committee. Merchants and managers expect that green light may come by October 2025.
Until then, American investors will monitor from the side lines, while Canada continues to drive Crypto -etef.
With the appearance of XRPQ for the first time, 3iq highlights its mission of opening digital assets in an organized manner. It is a clear sign that more traditional markets acquire encryption.
With the support of Ripple and 1 -Ee -Ee for half a year, the new ETF can draw this attention from anyone who wants to expose XRP without the usual obstacles.
Distinctive photo of Pixabay, tradingvief chart
The post Ripple-Backed ETF Launches In Canada first appeared on Investorempires.com.
