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3iQ has launched North America’s first XRP ETF on the Toronto Stock Exchange, providing regulated exposure to Ripple’s native token for traditional investors.
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The ETF offers direct spot XRP holdings with no derivatives, supported by Ripple’s early investment and a zero management fee for the initial six months.
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According to 3iQ CEO Pascal St-Jean, this ETF represents a significant step in making digital assets accessible within a regulated framework, reflecting growing institutional demand for XRP.
3iQ launches North America’s first XRP ETF on TSX, backed by Ripple, offering regulated, fee-free exposure to XRP with institutional-grade custody and global access.
3iQ’s XRP ETF: Bridging Traditional Finance and Digital Assets
The introduction of the XRP ETF by 3iQ marks a pivotal moment in the evolution of crypto investment products in North America. As the first regulated XRP ETF on the Toronto Stock Exchange, it opens a new gateway for investors seeking exposure to one of the most established digital assets without the complexities of direct crypto ownership. This ETF holds 100% spot XRP, sourced exclusively from regulated exchanges and OTC desks, ensuring transparency and security. The assets are stored in segregated cold wallets, aligning with institutional standards for custody and risk management.
Ripple’s Strategic Investment and Market Implications
Ripple’s early investment in the ETF underscores its confidence in expanding XRP’s reach beyond crypto-native platforms. This move signals a strategic push to integrate XRP into mainstream financial products, catering to institutional investors who require regulated, compliant avenues for digital asset exposure. The ETF’s launch with a 0% management fee for six months further incentivizes adoption, positioning XRP alongside Bitcoin and Ethereum in terms of ETF accessibility. This development could catalyze increased liquidity and broader market participation in XRP.
Technical and Regulatory Advantages of the XRP ETF
XRP’s blockchain technology is optimized for rapid, low-cost cross-border payments, with settlement times averaging 3 to 5 seconds and minimal transaction fees. These features have sustained XRP’s relevance despite regulatory challenges. By packaging XRP within a regulated ETF, 3iQ addresses investor concerns about custody, compliance, and market volatility. The ETF’s availability through registered Canadian accounts, with potential global access pending regulatory approval, enhances its appeal to a diverse investor base seeking secure and straightforward crypto exposure.
3iQ’s Growing Crypto Portfolio and Market Position
This launch follows 3iQ’s successful introduction of the Solana Staking ETF (SOLQ), which quickly became the largest Solana ETF globally, managing assets exceeding $120 million. The XRP ETF adopts a similar strategy, targeting long-term investors who prefer regulated investment vehicles over direct crypto holdings. By leveraging institutional-grade custody solutions and regulatory compliance, 3iQ strengthens its position as a leading crypto asset manager in North America, expanding the range of accessible digital assets.
Conclusion
The debut of 3iQ’s XRP ETF on the TSX represents a significant advancement in the integration of digital assets into traditional financial markets. Backed by Ripple and designed with investor protection in mind, the ETF offers a regulated, cost-effective, and secure method to gain exposure to XRP. This product not only enhances XRP’s legitimacy but also broadens its accessibility, potentially driving increased institutional adoption. As the digital asset landscape matures, such regulated investment vehicles will be crucial in bridging the gap between crypto innovation and mainstream finance.
