🚀 3iQ’s XRP ETF Explodes to $17M AUM in Just 72 Hours—Institutions Are FOMOing In

Wall Street’s crypto curiosity just got a jolt. 3iQ’s XRP ETF—barely three days old—has already vacuumed up $17 million in assets. Guess those suits finally figured out how to spell 'blockchain.'

### The Institutional Floodgates Are Creaking Open

No slow burns here. The fund’s blistering AUM sprint signals what crypto bulls have screamed for years: institutional money isn’t just dipping toes—it’s cannonballing into the deep end. XRP maximalists? Popping champagne. SEC lawyers? Probably drafting subpoenas.

### The Cynic’s Corner

Let’s be real—$17M is couch change for BlackRock. But in crypto’s wild west? A nine-figure inflow would’ve triggered a ‘market manipulation’ outcry. Progress, sort of.

Bottom line: When TradFi starts speed-running crypto adoption, buckle up. The ‘uncorrelated asset’ narrative? About to get stress-tested.

3iQ’s XRP ETF Secures Holdings in Cold Wallets From Trusted Sources

3iQ’s ETF holds long-term XRP positions sourced from vetted exchanges and OTC providers, with assets stored in cold wallets to bolster security.

The fund’s early performance has exceeded that of Purpose Investments’ XRPP, which launched on the same day but has attracted only CAD 10.7 million ($7.8 million) in AUM so far.

While both funds offer the same fee waiver, XRPQ has pulled in more capital and outperformed on the price front.

By June 20, XRPQ closed at CAD 13.36 ($9.71), significantly higher than XRPP’s CAD 9.66 ($7.02), highlighting stronger initial demand.

3iQ’s reputation in the Canadian market likely contributed to the fast inflow. The firm already manages a number of digital asset products, including Bitcoin and Solana-based funds.

We are excited to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) — one of the first ETFs in North America to provide exposure to #XRP.

XRPQ debuts with a 0% management fee for the first six months, and @Ripple as an early investor in the fund.

“The launch of XRPQ… pic.twitter.com/me19RLAzJI

Earlier this year, its solana Staking ETF raised CAD 90 million ($65 million) in just two days, a pattern of early investor enthusiasm that XRPQ appears to be repeating.

The fund offers exposure to XRP without requiring direct token purchases, making it a practical entry point for traditional investors.

Canadian residents can access it through standard brokerage accounts, while international investors may also participate depending on jurisdictional rules.

With Ripple’s strategic involvement and strong early uptake, XRPQ may set a precedent for altcoin ETFs beyond bitcoin and Ethereum.

Attention now turns to the US, where more than 10 XRP ETF applications are pending before the SEC.

Decisions are expected later in 2025, with approval potentially opening the door to broader global access and institutional participation in XRP markets.

XRP ETF Approval Odds Jump to 95%

As reported, Bloomberg analysts now place the odds of an XRP spot ETF approval at 95%, fueling renewed speculation around institutional capital inflows and a potential shift in crypto market dynamics.

The SEC has already acknowledged XRP’s 19b-4 filings, with a final decision expected by October 17, 2025.

On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings.

The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them.

In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury.