XRP ETF Boom: 3iQ’s XRPQ Dominates Canadian Market with C$32M AUM in 72 Hours
3iQ has made waves in the cryptocurrency investment space with the launch of Canada's largest XRP ETF, the XRP Fund (XRPQ), on the Toronto Stock Exchange. Within just 72 hours of its debut, the fund has attracted an impressive C$32 million in assets under management (AUM), showcasing strong investor interest in regulated XRP exposure. Backed by Ripple as a seed investor, XRPQ provides indirect access to XRP through compliant platforms and OTC partners, offering a secure gateway for institutional and retail investors alike. The fund's zero-fee structure further enhances its appeal, positioning it as a competitive player in the crypto ETF market. This rapid success underscores growing confidence in XRP's long-term potential and 3iQ's expertise in crypto-focused investment products. As of July 2025, XRPQ's performance signals bullish sentiment toward Ripple's native token amid expanding regulatory clarity and adoption.
3iQ Launches Canada's Largest XRP ETF, XRPQ Hits C$32M AUM in 72 Hours
3iQ has solidified its position as a leader in crypto-focused ETFs with the rapid success of its XRP Fund (XRPQ) on the Toronto Stock Exchange. The fund amassed C$32 million in assets under management within three days of launch, becoming Canada's largest XRP ETF. Backed by Ripple as a seed investor, XRPQ offers indirect exposure to XRP through regulated platforms and OTC partners.
The fund's zero-fee structure for the first six months and institutional-grade custody solutions have attracted both retail and institutional investors. This follows 3iQ's earlier success with SOLQ, demonstrating the firm's ability to capitalize on demand for token-specific investment vehicles in regulated markets.
XRP's Fair Valuation Model Suggests Double-Digit Price Potential Amid Market Turbulence
XRP's price trajectory is being reevaluated through a novel fair valuation calculator, which projects potential double-digit valuations at $100 billion daily transaction volume. Despite recent market pressures—including a 7% weekly decline to $2.01 amid Middle East tensions—the asset's utility in cross-border payments fuels long-term optimism.
Stanford researchers Susan Athey and Robert Mitchnick's model underpins this analysis, emphasizing utility-based crypto valuation. The calculator, tested with a hypothetical $100 billion daily volume (versus XRP's historical peak of $51.7 billion), hints at significant upside as institutional adoption accelerates.
Is XRP a Good Investment Right Now? Experts Weigh In
Bearish momentum has gripped the XRP market, prompting analysts to debate its investment potential. Lark Davis, a prominent crypto YouTuber, acknowledges XRP's resilience as the fourth-largest cryptocurrency despite ongoing sell-offs. The asset has repeatedly defended its position above the 200-day exponential moving average (EMA), a critical technical support level.
Davis notes XRP has retested the 200-day EMA four times since late May without significant rallies. While this pattern suggests weakness, it also creates trading opportunities. The 200-day EMA presents a strategic entry point for short-term longs, though Davis cautions against aggressive spot buying for long-term holds.
The upcoming SEC decision on spot XRP ETFs by October could catalyze price movement. Market participants anticipate potential approval of multiple funds, which may drive speculative positioning. Traders appear to be weighing technical vulnerabilities against regulatory catalysts in their XRP strategies.
Analyst Warns $1.30 Could Be a Trap for XRP Amid Structural Weakness
XRP faces mounting skepticism as analysts question its recent price action. The digital asset trades at $2.02, reflecting a 2.65% daily drop and an 8.35% weekly decline. Market watcher Arthur highlights concerning technical patterns, dismissing earlier breakout Optimism as premature.
The $1.30 level emerges as a critical zone—previously serving as resistance before December 2024's rally to $2.90. Analysts now view this threshold as a potential liquidity trap where late long positions could get swept. Structural confirmation remains absent, with market makers likely targeting this area before permitting sustained upward movement.
A safer re-entry window appears between $1.05-$1.10, offering cleaner support foundations. Traders face mounting pressure to reassess positions as the token shows signs of deeper weakness rather than reversal potential.
Top 3 Altcoins to Watch Amid Middle East Tensions
The cryptocurrency market faces heightened volatility as geopolitical tensions escalate between Iran, Israel, and the U.S. Bitcoin struggles to hold the $100,000 level, while altcoins suffer significant pullbacks. Investors grapple with FOMO as uncertainty looms.
XRP has retested its critical $2 support level, marking its first dip below this threshold since April 2025. The token shows signs of a potential bullish reversal despite a 15% weekly correction. Technical indicators suggest a possible bounceback if selling pressure eases.
Over $1B in XRP Leaves Exchanges: Is a Massive Rally Brewing?
XRP plunged below $2 amid a broader market sell-off fueled by geopolitical tensions, yet a striking countertrend emerged. Between June 16 and June 22, Binance saw 614 million XRP—worth approximately $1.2 billion—exit its reserves. Such a sharp reduction in exchange-held supply often signals long-term accumulation by investors.
The outflow suggests weakening immediate selling pressure, potentially setting the stage for amplified price moves if demand resurges. XRP currently trades below its 50-day moving average, reflecting short-term bearish momentum, but the withdrawal of liquidity from exchanges could magnify upward volatility during a market rebound.
