Another XRP ETF Comes to Canada as 3iQ Launches XRPQ on Toronto Stock Exchange

The new XRP fund will trade under the XRPQ ticker. Crypto asset manager 3iQ has introduced an XRP XRP$2.14 exchange-traded fund (ETF) on the Toronto Stock Exchange, the company said on Wednesday. The 3iQ XRP ETF (TSX: XRPQ) will launch with a 0% management fee for the first six months and is available for investment through registered accounts in Canada, and its TSX listing enables access for qualified investors globally, subject to local regulations, according to a press release. Earlier this week, asset manager Purpose Investments announced it would also begin on Wednesday trading of a spot XRP ETF on the Toronto Stock Exchange under the XRPP ticker. 3iQ was one of the first fund managers to list a bitcoin BTC$104,565.18 fund, with its Bitcoin Fund on the TSX, and the first with a publicly listed ether fund, also in Toronto. Ripple, the creator of the XRP token, is an early investor in 3iQ's XRPQ vehicle (the amount invested was not disclosed). “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,” said Pascal St-Jean, president and CEO of 3iQ. “Ripple Labs’ investment support reflects our shared leadership in advancing the digital asset space,” he said. The 3iQ team will ring the closing bell this afternoon on the TSX floor to commemorate the ETF launch, the company said. Read more: Spot XRP ETF Set to Start Trading in Canada This Week After Regulatory Nod, Token Up 7% Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH. https://www.coindesk.com/markets/2025/06/18/another-xrp-etf-comes-to-canada-as-3iq-launches-xrpq-on-toronto-stock-exchange #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple