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Coin Edition 2025-06-18 15:31:29

Ripple-Backed XRP ETF Now Trading on Toronto Stock Exchange With Zero Fees

Ripple-Backed XRP ETF Now Trading on Toronto Stock Exchange With Zero Fees

3iQ’s XRP ETF (XRPQ) starts. trading on Toronto Stock Exchange with Ripple as early investor. XRPQ will charge no management fees for the first six months and holds XRP in cold storage. Purpose Investments and Franklin Templeton also move forward with spot XRP ETF launches in Canada and the U.S. Canadian digital asset manager 3iQ has officially launched the 3iQ XRP ETF , a new exchange-traded fund offering direct exposure to XRP. The fund began trading on the Toronto Stock Exchange (TSX) on June 18, 2025, under the ticker symbol XRPQ. In a key development, 3iQ confirmed in a press release that Ripple, the company behind the XRP Ledger, is an early investor in the fund. To mark the event, the 3iQ team rang the TSX closing bell. The ETF is open to Canadian investors and qualified international investors, depending on local regulations. 3iQ Launches XRPQ With Six-Month Fee Waiver The XRPQ ETF will operate with 0% management fees for the first six months. 3iQ said it holds XRP in cold storage and sources the tokens only from regulated exchanges and OTC platforms. The fund invests solely in long-term XRP positions. According to 3iQ, this structure follow… The post Ripple-Backed XRP ETF Now Trading on Toronto Stock Exchange With Zero Fees appeared first on Coin Edition .

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