Canadian crypto asset manager 3iQ has rolled out North America’s first XRP ETF, now trading on the Toronto Stock Exchange under the tickers XRPQ and XRPQ.U. The move opens up a new regulated route for traditional investors to tap into XRP.
The fund offers direct exposure to XRP, the native token of the XRP Ledger, a blockchain known for powering fast, low-cost cross-border payments and liquidity flows.
What gives this launch additional weight is Ripple’s early investment in the ETF. The company, which developed XRP and the XRPL network, has thrown its support behind the product, a signal that it sees growing institutional demand for XRP exposure outside of crypto-native exchanges.
The ETF will hold 100% spot XRP. No derivatives. Assets will be sourced from regulated exchanges and OTC desks and will be kept in segregated cold wallets for added security.
To make the product attractive right out of the gate, 3iQ is offering a 0% management fee for the first six months. After that, regular fees will apply.
The ETF is available through registered Canadian accounts, with global access subject to local regulatory approvals.
Institutional Access to XRP, Finally
With this launch, 3iQ becomes the first asset manager in North America to bring regulated XRP exposure to public markets. That puts XRP, the third-largest digital asset by market cap, in the same arena as Bitcoin and Ethereum when it comes to ETF access.
XRP is built for speed and scale. It’s already being used for near-instant, low-cost global money transfers, with average settlement times of 3–5 seconds and fees that are a fraction of a cent. That utility is what’s kept it relevant even during regulatory hurdles.
XRP has seen a massive jump over the years. From around $0.02 in 2015, it now trades above $2.19, thanks to growing interest from institutions and better clarity on where it stands legally.
This is 3iQ’s second major crypto move this year. Earlier in 2025, it rolled out the Solana Staking ETF (SOLQ), which didn’t take long to become the world’s largest Solana ETF, now managing over $120 million.
XRPQ follows the same playbook. It’s built for long-term investors who want simple, regulated access to XRP, minus the hassle of managing wallets, keys, or navigating crypto platforms.
XRP is finally on the ETF map. With backing from Ripple, 3iQ’s launch of XRPQ adds one of crypto’s oldest and most-used assets to the list of tokens available through traditional finance infrastructure.
The fee-free launch window, institutional-grade custody, and regulated access make XRPQ one of the most accessible XRP investment vehicles on the market today.
Read the original article on coinmarketcap.com
