North America’s First Spot XRP ETF Yields Nearly 40% Return
- 3iQ launched North America’s first spot XRP ETF on the Toronto Stock Exchange in June 2025.
- It has achieved nearly 40% return since its inception.
- Ripple is an early investor, enhancing its market position.
North America’s first spot XRP ETF, 3iQ XRP ETF, debuted in June 2025 on the Toronto Stock Exchange, rapidly becoming the largest with over $50 million in assets.
Boasting a 40% return, its success underscores strong demand, setting a precedent for regulatory acceptance and market growth, attracting both retail and institutional interest.
North America’s first spot XRP ETF, introduced by 3iQ on the Toronto Stock Exchange in June 2025, has reached a nearly 40% return.
The ETF’s performance underscores robust demand for crypto assets, impacting financial markets and inspiring further similar initiatives.
3iQ XRP ETF Outpaces Rivals with $50M in Assets
The 3iQ XRP ETF, launched on Toronto Stock Exchange, quickly grew in popularity among retail and institutional investors. Ripple positioned itself as an early investor, aligning with its broader market strategy.
The fund rapidly accumulated over $50 million in assets, driven by strong XRP performance. It was launched alongside other XRP ETFs by Purpose and Evolve Investments, contributing to an expanded market landscape.
Ripple’s Investment Boosts ETF Credibility and Demand
The ETF debut has boosted interest in XRP-focused investments, influencing cryptocurrency market sentiment positively. Both retail and institutional sectors have contributed to its early uptake.
Pascal St-Jean, CEO & President, 3iQ, stated, “Both retail and institutional investors are responsible for the product’s early success.”
Institutional involvement from major asset managers such as Purpose and Ripple reinforces the ETF’s credibility within the financial sector. This trend highlights the increasing acceptance of crypto assets.
Success Aligns with Canada’s Crypto Regulation Strategy
Past ETFs for Bitcoin and Ethereum have set precedents, facilitating this launch. The XRP ETF aligned with Canada’s regulatory framework for safe crypto access.
Looking forward, the ETF may unlock further market potential for XRP, especially if U.S. regulatory outcomes align. Its success could influence pending ETF applications, indicating potential broader market impacts.
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