3iQ, a Canadian digital asset investment firm, has become the issuer of Canada’s largest XRP ETF just three days after launching the 3iQ XRP ETF (TSX: XRPQ). The fund attracted over CAD$32 million in assets and included Ripple as an early investor.
3iQ ETF was introduced with an introductory offer of 0% management fees in the initial six months. It is one of the cheapest digital asset ETFs in North America. Ripple, the company behind the cryptocurrency XRP, was an early investor in the fund, which raised the profile and credibility of the fund.
This is not 3iQ’s first success. Back in April 2025, it launched the 3iQ Solana Staking ETF (SOLQ), which became the largest Solana ETF in Canada within two days, raising CAD$90 million. That fund also attracted big investors like SkyBridge Capital.
The XRPQ ETF holds XRP in secure cold storage and is available for investment through registered Canadian accounts. Because it’s listed on the Toronto Stock Exchange (TSX), investors from other countries may also be able to buy it, depending on local rules.
Pascal St-Jean, 3iQ CEO, described that strong demand for XRP and Solana ETFs shows investors want safe, dependable ways of investing in digital assets. He believes 3iQ is best poised to lead the way in offering such innovative investment tools.
Also Read: SEC Approval Odds for SOL, DOGE, XRP ETFs Increases to 95%
