“3iQ Rolls Out New XRP ETF, XRPQ, on Toronto Stock Exchange, Expanding Canada’s Crypto Offerings.”

3iQ Lists New XRP ETF on Toronto Stock Exchange with Zero Fees for Early Investors

Canadian crypto asset manager 3iQ has unveiled its latest exchange-traded fund focused on XRP, now trading on the Toronto Stock Exchange under the ticker XRPQ, the firm announced Wednesday.

The new 3iQ XRP ETF will carry a 0% management fee for its first six months, aiming to attract both Canadian investors and qualified global participants, subject to local regulations. The ETF is eligible for inclusion in registered accounts in Canada, giving investors a tax-efficient pathway to gain exposure to the digital asset.

Earlier this week, Purpose Investments also announced the launch of its own spot XRP ETF on the TSX, trading under the ticker XRPP, signaling rising institutional interest in XRP-related investment vehicles.

3iQ has been a pioneer in the crypto ETF space, having previously launched Canada’s first publicly listed bitcoin and ether funds on the TSX. Notably, Ripple — the company behind the XRP token — is an early backer of 3iQ’s XRPQ fund, although the size of its investment has not been disclosed.

“XRP has shown strong growth potential over the past decade, and this innovative strategy offers Canadian and global investors a secure, low-cost, and transparent way to participate in that upside,” said Pascal St-Jean, president and CEO of 3iQ, in a statement.

He added that Ripple Labs’ involvement underscores a shared commitment to driving the digital asset industry forward.

To mark the launch, the 3iQ team will ring the closing bell on the TSX trading floor later today, the company said.