🚀 Canada’s 3IQ XRP ETF Smashes $50M AUM in Under 30 Days – Crypto Demand Explodes
XRP bulls just got a turbocharged validation—Canada’s first XRP ETF is eating the market alive.
The numbers don’t lie: 3IQ’s fund blasted past $50 million in assets faster than a Bitcoin maximalist changes their thesis. Retail and institutional money? Flooding in.
Why it matters: Regulatory gray zones haven’t stopped the stampede. Even with the SEC’s lingering lawsuit shadow, investors are voting with their wallets—liquidity wins.
The cynical take: Wall Street still can’t decide if crypto is ‘digital gold’ or a speculative toy… but they’ll happily collect fees on both bets.
One thing’s clear—when tradFi ETFs start mooning, the smart money follows. Or pretends they were early.
One of North America’s First Publicly Traded XRP Investment Vehicles
3IQ’s XRP ETH stands out as one of the first publicly traded vehicles in North America to offer such access to XRP.
As reported, the fund also amassed CAD 23 million ($16.7 million) in assets under management within just 72 hours of its launch.
XRPQ entered the market with momentum, supported by a six-month 0% management fee and direct investment from Ripple itself.
3IQ President and CEO Pascal St-Jean noted the milestone as a sign of growing investor sophistication.
“Retail and institutional investors are becoming increasingly discerning with their allocations, selecting this asset which offers a combination of the flexibility that comes with exchange-traded funds, combined with the 0% management fee at launch that contrasts with the higher premiums which were the hallmark of earlier digital asset ETFs.”
Assets in the XRPQ fund are secured in fully segregated cold storage, ensuring robust security for investors.
The ETF is also available for registered accounts across Canada and accessible to international investors where compliant.
We are proud to announce that our XRP ETF (TSX: XRPQ, XRPQ.U), Canada’s largest #XRP ETF, has accumulated over 50 million USD in client assets since its launch on June 18th.
“This significant milestone for our XRP ETF shows the continuing strong interest in these assets and… pic.twitter.com/rpi3BmwE3W
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.
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.
Last week, US-based spot Bitcoin ETFs recorded over $1 billion in inflows for two straight days.
On Friday, 11 spot bitcoin ETF products reported combined inflows totaling $1.03 billion, following $1.17 billion the previous day.
Recently, BlackRock reported earning more revenue from IBIT than from its flagship iShares Core S&P 500 ETF.
