A landmark rollout further reinforces 3iQ’s track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions.‍

Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund.

The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which launches with a 0% management fee for the first six months, provides exposure to a digital asset that has grown by 10,800% since January 2015.

3iQ rang the closing bell at the Toronto Stock Exchange to mark XRPQ’s first day of trading.

3iQ Corp., a global pioneer in digital asset investment solutions, is pleased to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which began trading on the Toronto Stock Exchange (TSX). The 3iQ team rang the closing bell on 18 June on the TSX floor to commemorate this historic launch. XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the third-largest digital asset by market capitalization.

Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. 3iQ’s new ETF enables investors to gain long-term exposure to XRP in a transparent and cost-effective way.

XRPQ debuts with a 0% management fee for the first six months, placing it among the most competitively priced digital asset ETFs. It will invest only in long-term holdings of XRP purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage. XRPQ is available for investment through registered accounts in Canada, and its TSX listing enables access for qualified investors globally, subject to local regulations.

“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,” said Pascal St-Jean, President and CEO of 3iQ. “XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity. Ripple Labs’ investment support reflects our shared leadership in advancing the digital asset space.”

XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for high-speed, low-cost payments across borders. The XRPL consistently settles transactions in three to five seconds, with fees often less than a fraction of a cent. Since January 2015, XRP’s price has climbed from $0.02 to over $2.19, an increase of more than 10,800%. Ongoing regulatory clarity and growing institutional interest have positioned the XRPL to solve real-world use cases such as global remittances, liquidity management, and broader blockchain applications.

Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ quickly became the largest Solana ETF following its launch and as of June 12, 2025 has over $120 million USD in assets under management.

Source: 3iQ

A reminder as Canadians begin trading the 3iQ XRP ETF today: regulatory clarity drives innovation. Canada had the world's first Bitcoin ETF in 2021. Now it beat the US with an XRP ETF. It's way past time for the US to catch up and get crypto market structure legislation done.

— paulgrewal.eth (@iampaulgrewal) June 18, 2025