In a historic move for the cryptocurrency sector, 3iQ, a leading digital asset investment firm, has officially launched the 3iQ XRP ETF — trading under the symbols XRPQ and XRPQ.U — on the Toronto Stock Exchange (TSX).
The exchange-traded fund (ETF) is one of the first in North America to provide investors with long-term exposure to XRP, the fourth-largest digital asset by market capitalization, and Ripple is an early investor in the fund.
The 3iQ XRP ETF provides exposure to a digital asset that has grown by 10,800% since January 2015. 3iQ will ring the closing bell today at the Toronto Stock Exchange to commemorate XRPQ’s first day of trading.
Earlier this year, 3iQ launched the 3iQ Solana Staking ETF, which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ soon became the largest Solana ETF after its launch, with assets under management totaling more than $120 million as of June 12, 2025.
XRP updates
Eleanor Terrett shared an update on the potential U.S. spot XRP ETF in a recent tweet. According to Terrett, following a prior delay to June 17, the SEC is inviting public comment on whether to approve or deny CBOE’s proposal to list the Franklin Templeton XRP spot ETF. The deadline for comments and rebuttals is late July.
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Meanwhile, XRP Ledger continues to advance. According to a recent report by on-chain analytics platform Santiment, XRP Ledger is showing serious signs of growth from both a usage and key stakeholder perspective.
The number of interacting XRP addresses has averaged over 295,000 per day over the past week. Its normal daily average over the past three months was around approximately 35,000 to 40,000. Additionally, there are now over 2,700 whale and shark wallets holding at least one million XRP for the first time in the asset’s more than 12-year history.
