3iQ XRP ETF Becomes Canada’s Largest XRP ETF, Hits $23M AUM

The post 3iQ XRP ETF Becomes Canada’s Largest XRP ETF, Hits $23M AUM appeared on BitcoinEthereumNews.com. Leading asset manager 3iQ Corp. claims its XRP ETF (XRPQ) has registered an incredible milestone just three days after its debut on the Toronto Stock Exchange.  In a press release today, 3iQ reported that the XRPQ ETF pulled in CAD 32 million ($23.21 million) of investor capital, making it the largest ETF tracking XRP in Canada.  According to 3iQ, XRPQ achieved the remarkable feat within three days after it commenced trading on the Toronto Stock Exchange (TSX) on June 18. The asset manager also announced the incredible feat on its X handle.  We are pleased to announce that after just three days of trading on the Toronto Stock Exchange (TSX), the 3iQ XRP ETF (Ticker: $XRPQ) has accumulated C$32 million in assets under management, making it the largest exchange-traded fund focused on #XRP in Canada. XRPQ is one of the… pic.twitter.com/o6wX7jREqZ — 3iQ Digital Asset Management (@3iq_corp) June 23, 2025 XRPQ Outperforms Purpose Investments’ XRP ETF  Recall that XRPQ launched alongside a similar product from leading Canadian-based asset management company Purpose Investments. The Purpose Investments XRP ETF (XRPP) also began trading on TSX on June 18. It currently boasts an AUM of CAD 14.7 million ($10.7 million).  Both 3iQ’s XRPQ and Purpose’s XRPP ETFs launched with 0% management fees. XRPQ investors will enjoy the 0% management fee for the first six months of trading, with the offer expiring by year-end. However, the Purpose 0% management offering will be valid until February 2026.  Despite this, XRPQ still attracted more investors’ capital, outperforming XRPP to become the largest XRP ETF in Canada. As of June 20, the 3iQ XRP ETF shares traded at CAD 13.36 (approximately $9.71). On the other hand, XRPP changed hands at CAD 9.66 (7.02) per share.  3iQ XRP ETF  3iQ is a leading asset manager in Canada, offering…

Jun 24, 2025 - 03:00
 0  0
3iQ XRP ETF Becomes Canada’s Largest XRP ETF, Hits $23M AUM

The post 3iQ XRP ETF Becomes Canada’s Largest XRP ETF, Hits $23M AUM appeared on BitcoinEthereumNews.com.

Leading asset manager 3iQ Corp. claims its XRP ETF (XRPQ) has registered an incredible milestone just three days after its debut on the Toronto Stock Exchange.  In a press release today, 3iQ reported that the XRPQ ETF pulled in CAD 32 million ($23.21 million) of investor capital, making it the largest ETF tracking XRP in Canada.  According to 3iQ, XRPQ achieved the remarkable feat within three days after it commenced trading on the Toronto Stock Exchange (TSX) on June 18. The asset manager also announced the incredible feat on its X handle.  We are pleased to announce that after just three days of trading on the Toronto Stock Exchange (TSX), the 3iQ XRP ETF (Ticker: $XRPQ) has accumulated C$32 million in assets under management, making it the largest exchange-traded fund focused on #XRP in Canada. XRPQ is one of the… pic.twitter.com/o6wX7jREqZ — 3iQ Digital Asset Management (@3iq_corp) June 23, 2025 XRPQ Outperforms Purpose Investments’ XRP ETF  Recall that XRPQ launched alongside a similar product from leading Canadian-based asset management company Purpose Investments. The Purpose Investments XRP ETF (XRPP) also began trading on TSX on June 18. It currently boasts an AUM of CAD 14.7 million ($10.7 million).  Both 3iQ’s XRPQ and Purpose’s XRPP ETFs launched with 0% management fees. XRPQ investors will enjoy the 0% management fee for the first six months of trading, with the offer expiring by year-end. However, the Purpose 0% management offering will be valid until February 2026.  Despite this, XRPQ still attracted more investors’ capital, outperforming XRPP to become the largest XRP ETF in Canada. As of June 20, the 3iQ XRP ETF shares traded at CAD 13.36 (approximately $9.71). On the other hand, XRPP changed hands at CAD 9.66 (7.02) per share.  3iQ XRP ETF  3iQ is a leading asset manager in Canada, offering…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow