3iQ launches North America's first XRP ETF (XRPQ) on the TSX, offering a 0% fee for six months. Ripple backs the fund, signaling institutional confidence.

XRP ETF Heats Up North America: 3iQ Leads the Charge

The XRP ETF landscape is buzzing in North America, and 3iQ is making major waves. Their newly launched XRP ETF (TSX: XRPQ, XRPQ.U) is one of the first in North America, giving investors exposure to XRP within a regulated framework.

3iQ's XRP ETF: A Game Changer?

3iQ's XRP ETF (TSX: XRPQ) started trading on June 18, 2025, and it’s making a splash with a sweet deal: 0% management fees for the first six months! This gives investors a cost-effective way to jump into the XRP market without directly holding the digital asset. Ripple itself is an early investor, adding even more credibility to the fund. According to 3iQ's President and CEO, Pascal St-Jean, the launch of XRPQ signifies a major step in providing accessible and regulated digital asset investment options.

What Makes This XRP ETF Special?

3iQ isn't messing around when it comes to security. They're storing XRP in cold storage and sourcing tokens from regulated exchanges and OTC platforms. This means your investment is locked down tight, reducing the risk of unauthorized access. Plus, the ETF invests solely in long-term XRP positions, aligning with existing regulatory frameworks for asset-backed funds.

The Canadian XRP ETF Scene is Booming

3iQ isn't the only player in the Canadian XRP ETF game. Purpose Investments also launched its own spot XRP ETF around the same time. This surge in XRP-focused financial products shows a growing interest in XRP as a legitimate investment.

What About the US?

While Canada is leading the charge, the US isn't far behind. The SEC is currently reviewing applications for spot XRP ETFs, including proposals from Franklin Templeton for both XRP and Solana ETFs. If these get the green light, they'll be listed on the Cboe BZX Exchange, opening up even more opportunities for US investors.

My Two Satoshis

The launch of XRP ETFs in North America, particularly 3iQ's offering with its initial 0% fee, signals a maturing crypto market. Ripple's backing further validates XRP's potential. However, it's crucial to remember that the crypto market is volatile. While ETFs provide a regulated entry point, investors should still do their homework and understand the risks involved before diving in.

The Bottom Line

The XRP ETF race is on in North America, and 3iQ is off to a strong start. With low fees, solid security measures, and Ripple's backing, this ETF could be a game-changer for investors looking to add XRP to their portfolios. Keep an eye on the SEC's decisions in the US – the XRP ETF party might just be getting started!

So, are you ready to ride the XRP wave? Just remember to buckle up and enjoy the ride! 😉