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Critical Data Released for XRP! A Turning Point is Happening! "Unprecedented Success in Just 23 Days!
In the US, after Bitcoin and Ethereum, approval for spot ETFs for altcoins is also awaited. At this point, the biggest candidates that could receive approval include XRP and Solana, while outside the US, XRP ETFs have already begun to achieve great success.
The 3IQ XRP ETF, which is the largest spot ETF in North America, has surpassed 50 million USD in customer assets since its launch on June 18.
According to the data, 3iQ's XRP ETF reached a remarkable milestone of surpassing 50 million US dollars in assets under management just 23 days after it began trading on the Toronto Stock Exchange (TSX).
It was stated that the XRP ETF was launched on June 18 with a management fee of 0% for the first six months, making it one of the most competitively priced ETFs in the market.
3iQ President and CEO Pascal St-Jean stated the following regarding the success of the XRP ETF:
"This important milestone for our XRP ETF demonstrates that there is continued strong interest in XRP and that both individual and institutional investors are becoming increasingly cautious in their asset allocation."
Customers prefer this asset that combines the flexibility of an exchange-traded fund with a 0% management fee at launch.
This fee contrasts with the high premiums that have been a distinguishing feature of previous digital asset ETFs.
Following the great success of our Solana Staking ETF, which is the largest Solana ETF in North America, 3iQ continues to lead with XRP.