The XRP ETF, a financial marvel that began trading on June 18, has gained traction quicker than a cheetah on roller skatesโthanks in part to its 0% management fee during the first six months. ๐ธ
This pricing strategy, coupled with growing investor demand for regulated crypto exposure, has helped the fund outpace expectations, leaving competitors in the dust. ๐โโ๏ธ
3iQ President Pascal St-Jean highlighted the ETF’s performance as a signal of strong interest from both retail and institutional investors. He credited the fund’s success to cost-effective access and rising confidence in XRP’s role within diversified crypto portfolios. ๐
The firm also manages the largest Solana ETF in North America and is positioning itself as a frontrunner ahead of potential U.S. approval of altcoin ETFs, with XRP and SOL among the top contenders. ๐
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2025-07-15 16:55