ripple-backed-3iq-xrp-etf-launches-on-canadian-tsx
Ripple-backed 3iQ XRP ETF, tickers XRPQ and XRPQ.U, commenced trading June 18, 2025, on the Toronto Stock Exchange.
Key Points:

  • XRP ETF launched with support from Ripple.
  • Listed on Toronto Stock Exchange.
  • Zero management fees for first six months.

Ripple-backed 3iQ XRP ETF, tickers XRPQ and XRPQ.U, commenced trading June 18, 2025, on the Toronto Stock Exchange.

Canada’s cryptocurrency framework advances with the 3iQ XRP ETF launch, potentially influencing U.S. regulatory actions.

The launch of the 3iQ XRP ETF on the Toronto Stock Exchange marks a significant step in offering regulated access to digital assets. Issuer 3iQ Corp., with support from early investor Ripple, provides this opportunity for both institutional and retail investors.

3iQ Corp., renowned for pioneering digital asset funds, demonstrates its commitment to innovation and market accessibility. Ripple’s involvement underscores its drive for broader institutional and mainstream adoption of XRP.

The launch of XRPQ marks another milestone in our mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework.
— Pascal St-Jean, President and CEO, 3iQ

The Canadian ETF rollout offers XRP exposure without immediate impact on Bitcoin or Ethereum. This strategic introduction has sparked investor interest, particularly due to the zero management fees for the initial six months.

The new ETF’s regulatory approval in Canada highlights the country’s proactive stance on digital assets, as U.S. regulatory bodies remain in deliberation for similar product approvals. Ripple’s involvement may catalyze enhanced investor confidence in the crypto market.

Experts suggest that if the ETF gains substantial traction, it could motivate further product approvals and launches in other regions, although current attention remains on Canada’s innovative digital asset strategies.

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