3iQ Corp, a global leader in digital asset investment solutions, has unveiled the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), marking a historic milestone as one of the first exchange-traded funds in North America to provide regulated exposure to XRP, the third-largest cryptocurrency by market capitalization. The ETF began trading on the Toronto Stock Exchange (TSX) today, with 3iQ commemorating the launch by ringing the closing bell.
Key Features of the 3iQ XRP ETF
- Zero Management Fee: Waived for the first six months, making it one of the most cost-effective digital asset ETFs.
- Regulated Access: Offers investors a transparent, tax-efficient way to gain long-term exposure to XRP.
- Secure Storage: Underlying XRP holdings are purchased from reputable platforms and stored in cold storage for maximum security.
- Global Eligibility: Available to Canadian registered accounts and qualified international investors (subject to local regulations).
Why XRP?
XRP, the native asset of the XRP Ledger (XRPL), is designed for high-speed, low-cost cross-border payments. Since January 2015, XRP’s price has surged 10,800%, driven by growing institutional adoption and regulatory clarity. The XRPL settles transactions in 3–5 seconds with negligible fees, positioning it as a scalable solution for remittances, liquidity management, and blockchain applications.
Industry Backing
Ripple, a leader in enterprise blockchain solutions, is an early investor in the fund. "XRPQ aligns with our mission to bridge traditional finance and digital assets," said Pascal St-Jean, CEO of 3iQ.
Expanding 3iQ’s ETF Portfolio
3iQ’s track record includes the successful launch of the 3iQ Solana Staking ETF (SOLQ), which amassed $120 million USD in AUM within months. Like SOLQ, XRPQ reflects 3iQ’s commitment to innovative, regulated digital asset products.
👉 Discover how XRPQ can diversify your portfolio
FAQs
1. How does XRPQ differ from holding XRP directly?
XRPQ provides a regulated, custodial solution, eliminating the technical complexities of self-custody while ensuring tax efficiency and security.
2. Who can invest in XRPQ?
Canadian investors (via registered accounts) and qualified global investors, pending local compliance.
3. What are the risks?
Like all crypto ETFs, XRPQ is subject to market volatility. Read the prospectus for details.
4. Will XRPQ generate yield?
Currently, XRPQ focuses on price appreciation. Staking rewards may be explored in future strategies.
About 3iQ
A pioneer in digital asset management, 3iQ launched the world’s first Bitcoin and Ethereum ETPs and is backed by Monex Group. Learn more at 3iQ.