Asset manager 3iQ is shaking up the crypto ETF space with the launch of its XRP-focused fund (XRPQ), now live on the Toronto Stock Exchange. The ETF—backed by Ripple as a key investor—aims to capitalize on growing institutional interest in XRP.
Unlike speculative crypto products, XRPQ takes a long-term approach, holding XRP acquired from major exchanges in cold storage. Investors also benefit from a six-month fee waiver, making it one of the most cost-efficient crypto ETFs available.
“XRPQ isn’t just another crypto fund—it’s a bridge between digital assets and traditional finance,” declared 3iQ CEO Pascal St-Jean. The ETF is open to Canadian investors and eligible international buyers, depending on regulations.
With Ripple’s involvement and 3iQ’s regulatory expertise, XRPQ could set a new standard for crypto investment vehicles in North America.
