XRPQ reached CAD$32 million in assets within three trading days, becoming Canada’s largest ETF focused solely on XRP exposure.
The ETF offers indirect XRP access through vetted platforms, supported by Ripple’s seed investment and a zero-fee period for six months.
XRP futures volume reached $3.96 billion, aligning with a price rebound and growing ETF-related interest in both Canadian and U.S. markets.
3iQ’s new XRP ETF, launched under the ticker XRPQ on the Toronto Stock Exchange, has accumulated CAD$32 million in assets under management. The ETF began trading last week and has already positioned itself as the largest XRP-focused exchange-traded fund in Canada.
The ETF is a proxy that allows investors to gain exposure to XRP, which is the 4th largest digital asset in terms of market value. The product only invests in XRP that gas been purchased in a long-term off the traded platforms and over-the-counter counterparts. At launch, the fund included XRP by Ripple, which was one of its seed investors.
Low Early Interest-Zero-Fee Structure
It also has a 0% management fee in the first six months, which is a huge advantage to its attractiveness both to retail and institutional investors. A competitive fee structure, as well as an increasing interest in XRP-related products, have helped the fund gain tremendous size within days of its launch.
This development follows the firm’s previous ETF achievement earlier this year. In April 2025, 3iQ's Solana Staking ETF secured CAD$90 million in assets after only two days of trading. That fund became Canada’s largest Solana-focused ETF in terms of assets under management.
Market volatility continues to affect major cryptocurrencies. XRP briefly dipped below the $2 mark before rebounding. That recovery was supported by strong derivatives trading, with nearly $3.96 billion in XRP futures contracts recorded recently. This signals rising institutional activity and interest in the asset class.
The momentum for XRP-related investment products appears to be growing beyond Canada. The United States Securities and Exchange Commission has started a comment period for Franklin Templeton’s proposed XRP ETF. Analysts from Bloomberg estimate a 90% likelihood of eventual approval.
As of the date of publication, one unit of XRP was sold at 1.99 US dollars, which shows that the cryptocurrency gained 1.18 percent in the last 24 hours. Market observers are giving attention to whether the asset could gather enough force to challenge its next resistance point at 2.14.
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XRPQ ETF Becomes Canada’s Largest XRP Fund After Just Three Days
XRPQ reached CAD$32 million in assets within three trading days, becoming Canada’s largest ETF focused solely on XRP exposure.
The ETF offers indirect XRP access through vetted platforms, supported by Ripple’s seed investment and a zero-fee period for six months.
XRP futures volume reached $3.96 billion, aligning with a price rebound and growing ETF-related interest in both Canadian and U.S. markets.
3iQ’s new XRP ETF, launched under the ticker XRPQ on the Toronto Stock Exchange, has accumulated CAD$32 million in assets under management. The ETF began trading last week and has already positioned itself as the largest XRP-focused exchange-traded fund in Canada.
The ETF is a proxy that allows investors to gain exposure to XRP, which is the 4th largest digital asset in terms of market value. The product only invests in XRP that gas been purchased in a long-term off the traded platforms and over-the-counter counterparts. At launch, the fund included XRP by Ripple, which was one of its seed investors.
Low Early Interest-Zero-Fee Structure
It also has a 0% management fee in the first six months, which is a huge advantage to its attractiveness both to retail and institutional investors. A competitive fee structure, as well as an increasing interest in XRP-related products, have helped the fund gain tremendous size within days of its launch.
This development follows the firm’s previous ETF achievement earlier this year. In April 2025, 3iQ's Solana Staking ETF secured CAD$90 million in assets after only two days of trading. That fund became Canada’s largest Solana-focused ETF in terms of assets under management.
Rising XRP Futures Trading Supports Price Recovery
Market volatility continues to affect major cryptocurrencies. XRP briefly dipped below the $2 mark before rebounding. That recovery was supported by strong derivatives trading, with nearly $3.96 billion in XRP futures contracts recorded recently. This signals rising institutional activity and interest in the asset class.
The momentum for XRP-related investment products appears to be growing beyond Canada. The United States Securities and Exchange Commission has started a comment period for Franklin Templeton’s proposed XRP ETF. Analysts from Bloomberg estimate a 90% likelihood of eventual approval.
As of the date of publication, one unit of XRP was sold at 1.99 US dollars, which shows that the cryptocurrency gained 1.18 percent in the last 24 hours. Market observers are giving attention to whether the asset could gather enough force to challenge its next resistance point at 2.14.
The post XRPQ ETF Becomes Canada’s Largest XRP Fund After Just Three Days appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.