Breaking: Ripple-Powered 3iQ Debuts Game-Changing XRP ETF on TSX—First in North America

Wall Street’s playing catch-up—again. 3iQ, backed by Ripple, just dropped North America’s first XRP ETF on the Toronto Stock Exchange (TSX), and the crypto crowd’s buzzing. No more messy self-custody or shady offshore exchanges—this is institutional-grade XRP exposure, wrapped in a tidy regulatory bow.

Why it matters: Mainstream just got a backdoor into the XRP ecosystem. TSX traders can now ride Ripple’s cross-border payment rails without touching a private wallet. Cue the ‘when Lambo?’ memes.

The fine print: While traditional finance scrambles to tokenize everything, 3iQ’s move proves crypto ETFs aren’t just a Bitcoin-and-Ethereum show anymore. XRP’s legal clarity post-SEC battle made this inevitable—but hey, better late than never for the suits.

Bottom line: Another brick in crypto’s wall of legitimacy. Or as the skeptics say: ‘Another way for hedge funds to overcharge you for something you could’ve bought yourself in 30 seconds.’

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.

Also Read: UK Crypto Framework Gets Global Help from Ripple