Hear ye, hear ye! Gather round, oh fools and financiers alike! Behold as 3iQ, purveyor of digital fortunes and dream-taxers, doth present unto the Toronto stage a spectacle most grand: the XRP ETF, galloping forth brandishing the symbols XRPQ and XRPQ.Uānames that roll off the tongue like a poorly-cooked soufflĆ©!
This ETF, dear investor, bestows upon thee not only a piece of the vaunted XRP, currently the fourth luminary in the crypto constellation, but also the privilege to mingle thy coins with those of Ripple, an early patron of this great buffet of asset management. Dawn breaks anew on such opportunityāand how eagerly the pigeons peck at the freshly scattered seed!
With a cry of trumpets, we delight in trumpeting the arrival of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U)ā’tis among the first ETFs in all of North America to tickle your portfolios with a whiff of #XRP!
Forsooth, XRPQ struts onto the market stage unburdened by management fees for six full moons, and Ripple doth lend its purse to this merry venture.
āThe launch of XRPQ…ā
ā 3iQ Digital Asset Management (@3iq_corp) June 18, 2025
Let us marvel that since that fateful January of 2015, XRP, like a beanstalk oiled in ambition, hath soared a staggering 10,800% š±š! Today, our friends at 3iQ will ring the closing bell at the marketplaceāer, Toronto Stock Exchangeāto commemorate the ETF’s first farcical day among the trading rabble. Ring forth, and may your wrists not tire, gentlemen!
Not content with merely tickling the fancy of XRP partisans, earlier in the season these magicians conjured the 3iQ Solana Staking ETF. SOLQ, as everyoneās grandmother now calls it, swelled with more than $120 million by mid-June, after investors decided staking rewards were infinitely more interesting than, say, humility and restraint. Bravo!
XRP updates
The fair Eleanor Terrett hath piped in via the Twitter amphitheater, fresh with rumor and regulatory intrigue. She tells us: the noble SEC, ever fond of paperwork and dilly-dallying, bids the public scribble their opinions about the Franklin Templeton XRP spot ETF. Mark your calendars, dear commentatorsāthe end of July looms!
Meanwhile, XRP Ledger trundles onward with the vigor of a caffeinated merchant. The bards at Santiment declare: over 295,000 addresses have busied themselves with XRP each day this week, a far cry from the languid 35,000ā40,000 of yesteryears. And lo, over 2,700 walletsāwhales and sharks bothāhoard piles of at least one million XRP apiece. Avast! Let us hope they do not eat the minnows. š¦š
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2025-06-18 16:36