Altcoins News

Story: 3iQ’s XRP ETF Hits $50M in Weeks—Here’s Why Investors Are Paying Attention

By James Thorp

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Zero Fees, Full Transparency Draw Investor Interest. The key reason for the ETF's fast growth is its six-month fee-free structure.

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Ripple Labs’ Involvement Adds Credibility. Another major factor fueling confidence in the fund is the involvement of Ripple Labs, the company…

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ETF Structure Designed for Security and Compliance. The fund, listed under XRPQ and XRPQ.U, offers two different trading options for investors,…

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3iQ’s CEO: Demand Is Growing for Regulated Crypto Products. In a statement, Pascal St-Jean, the president and CEO of 3iQ, highlighted the growing demand for…

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Why XRP? A Real-World Use Case for Cross-Border Payments. XRP stands out from many other digital assets because it has a clear use case in international…

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The Bottom Line: XRP ETF Could Signal Next Big Shift in Crypto Investing. The success of 3iQ’s XRP ETF is not just a win for the company—it may also mark a broader shift in…

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Canada-based asset manager 3iQ has made headlines with the rapid success of its newly launched XRP Exchange-Traded Fund (ETF).

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The key reason for the ETF's fast growth is its six-month fee-free structure. During this period, investors pay no management fees, which makes the fund stand out from other…

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In addition to low costs, the ETF offers full regulatory compliance. It sources its XRP from regulated exchanges and over-the-counter (OTC) trading partners, ensuring all assets…

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Another major factor fueling confidence in the fund is the involvement of Ripple Labs, the company behind XRP. Ripple provided seed investment to help launch the fund.

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With this backing and infrastructure, 3iQ’s XRP ETF has become the largest XRP-focused fund in Canada, offering a regulated, secure, and cost-effective way to invest in one of…

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The fund, listed under XRPQ and XRPQ.U, offers two different trading options for investors, depending on whether they prefer Canadian or U.S. dollar exposure.

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This setup reduces the risk of loss from hacks or technical failures, which have often troubled the crypto space.

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In a statement, Pascal St-Jean, the president and CEO of 3iQ, highlighted the growing demand for regulated and transparent crypto investments.

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“This milestone for our XRP ETF shows continued strong interest in crypto assets,” said St-Jean.

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