XRP ETF in Canada Achieves Historic Milestone Fast

XRP ETF has emerged as a powerful force in the evolving digital asset landscape, with its latest milestone in Canada making headlines across the crypto sector. Just 72 hours after its debut on the Toronto Stock Exchange, a newly launched exchange-traded fund dedicated to XRP has garnered significant attention and capital from investors, signaling a major turning point for institutional adoption of Ripple’s digital asset.

In a groundbreaking move, the 3iQ XRP ETF, trading under the ticker $XRPQ, registered over CAD$32 million in assets under management within its first three days. This achievement instantly classified it as Canada’s largest XRP-centric ETF. Capitalizing on its innovative structure and aggressive pricing, this fund has set a benchmark for other crypto ETFs in the market.

The 3iQ XRP ETF was designed to appeal to institutional and retail investors alike. One of its major attractions is the 0% management fee it is offering for the first six months, a move that has clearly paid off by attracting significant capital in record time. This ETF stands out not only as a cost-effective tool for gaining XRP exposure but also as an indirect investment vehicle for accessing one of the world’s top digital assets by market value.

Unlike other offerings, this ETF is firmly focused on long-term XRP holdings, acquired solely through trusted exchanges and over-the-counter partners. Moreover, Ripple, the company closely associated with XRP’s development and use, played an integral role during the ETF’s launch stage, participating as one of the initial seed investors.

This tremendous early success mirrors another notable launch by 3iQ from earlier in 2025. In April, its Solana Staking ETF managed to amass CAD$90 million in just 48 hours, proving that Canadian investors are more than ready to embrace digital asset funds that provide transparent and credible access to blockchain ecosystems.

Market sentiment toward XRP has been increasingly optimistic despite recent fluctuations. After a temporary dip below $2, XRP rebounded swiftly, coinciding with higher futures market engagement. In fact, nearly $4 billion worth of XRP derivatives was traded in a recent session, reflecting growing institutional interest fueled by the ETF’s momentum.

Further enthusiasm was sparked with the initiation of the U.S. Securities and Exchange Commission’s public comment period regarding a proposed XRP ETF by Franklin Templeton. Industry analysts, including those from Bloomberg, suggest high approval odds, estimating a 90% chance that the SEC will eventually authorize ETFs tied to XRP and other well-established digital assets. Such a development would further cement XRP’s position as a legitimate and scalable investment product on a global scale.

As of the most recent update, XRP was trading at $1.99, representing a 1.18% increase over the previous day. Market watchers are closely eyeing its momentum, interested to see if the token can challenge the next technical resistance level at $2.14. With investing demand surging and ETF scaffolding now in place, XRP appears to be entering a robust phase of renewed institutional engagement.

Related: Expert Advice: Sell XRP If You’re Confused

The launch of the XRP ETF in Canada not only adds a significant milestone to Ripple’s legacy but also highlights a broader financial trend: the integration of blockchain-based assets into regulated investment structures. Through collaborative efforts between asset managers and blockchain innovators, access to digital currencies like XRP is being simplified for mainstream investors — opening new gateways for growth across the industry.