Ripple-Backed XRP ETF XRPQ Starts Trading on TSX
The post Ripple-Backed XRP ETF XRPQ Starts Trading on TSX appeared on BitcoinEthereumNews.com. 3iQ’s XRP ETF (XRPQ) starts. trading on Toronto Stock Exchange with Ripple as early investor. XRPQ will charge no management fees for the first six months and holds XRP in cold storage. Purpose Investments and Franklin Templeton also move forward with spot XRP ETF launches in Canada and the U.S. Canadian digital asset manager 3iQ has officially launched the 3iQ XRP ETF, a new exchange-traded fund offering direct exposure to XRP. The fund began trading on the Toronto Stock Exchange (TSX) on June 18, 2025, under the ticker symbol XRPQ. In a key development, 3iQ confirmed in a press release that Ripple, the company behind the XRP Ledger, is an early investor in the fund. To mark the event, the 3iQ team rang the TSX closing bell. The ETF is open to Canadian investors and qualified international investors, depending on local regulations. 3iQ Launches XRPQ With Six-Month Fee Waiver The XRPQ ETF will operate with 0% management fees for the first six months. 3iQ said it holds XRP in cold storage and sources the tokens only from regulated exchanges and OTC platforms. The fund invests solely in long-term XRP positions. According to 3iQ, this structure follows existing regulatory frameworks for asset-backed funds. The assets will remain secured offline, which reduces the risk of unauthorized access. Pascal St-Jean, President and CEO of 3iQ, stated: “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.” XRP ETF Offers Global Access and Regulatory Clarity The XRPQ ETF is available to registered accounts in Canada. Investors outside Canada may gain access if local rules allow. The fund targets users looking for direct exposure to XRP in a regulated format. 3iQ has experience with other crypto ETFs. The firm also launched…
The post Ripple-Backed XRP ETF XRPQ Starts Trading on TSX appeared on BitcoinEthereumNews.com.
3iQ’s XRP ETF (XRPQ) starts. trading on Toronto Stock Exchange with Ripple as early investor. XRPQ will charge no management fees for the first six months and holds XRP in cold storage. Purpose Investments and Franklin Templeton also move forward with spot XRP ETF launches in Canada and the U.S. Canadian digital asset manager 3iQ has officially launched the 3iQ XRP ETF, a new exchange-traded fund offering direct exposure to XRP. The fund began trading on the Toronto Stock Exchange (TSX) on June 18, 2025, under the ticker symbol XRPQ. In a key development, 3iQ confirmed in a press release that Ripple, the company behind the XRP Ledger, is an early investor in the fund. To mark the event, the 3iQ team rang the TSX closing bell. The ETF is open to Canadian investors and qualified international investors, depending on local regulations. 3iQ Launches XRPQ With Six-Month Fee Waiver The XRPQ ETF will operate with 0% management fees for the first six months. 3iQ said it holds XRP in cold storage and sources the tokens only from regulated exchanges and OTC platforms. The fund invests solely in long-term XRP positions. According to 3iQ, this structure follows existing regulatory frameworks for asset-backed funds. The assets will remain secured offline, which reduces the risk of unauthorized access. Pascal St-Jean, President and CEO of 3iQ, stated: “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.” XRP ETF Offers Global Access and Regulatory Clarity The XRPQ ETF is available to registered accounts in Canada. Investors outside Canada may gain access if local rules allow. The fund targets users looking for direct exposure to XRP in a regulated format. 3iQ has experience with other crypto ETFs. The firm also launched…
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