Key stats
About 3iQ XRP ETF
Home page
Inception date
Jun 17, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
3iQ Corp.
ISIN
CA88562K1003
The fund provides exposure to the digital asset XRP while seeking opportunities for long-term capital appreciation. It aims to provide a convenient, safer alternative to a direct investment in XRP by purchasing its long-term XRP holdings from reputable digital asset trading platforms and OTC counterparties. These platforms facilitate XRP-USD spot trading without being regulated as securities or commodity futures exchanges. Holdings are priced based on the CME CF XRP-Dollar Reference Rate New York Variant, a once-a-day benchmark index price for XRP, denominated in US dollars. The fund avoids short-term speculation, does not hedge U.S. dollar exposure, and adheres to alternative mutual fund restrictions under NI 81-102. Borrowing is limited to short-term needs, while XRP futures trading, including CME-listed contracts regulated by the CFTC, is capped at 5% of NAV.
Related funds
Classification
Symbol
Geography
Global
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XRPQ trades at 17.52 CAD today, its price has fallen −7.01% in the past 24 hours. Track more dynamics on XRPQ price chart.
XRPQ net asset value is 17.70 today — it's fallen 4.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XRPQ assets under management is 180.92 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XRPQ fund flows account for 135.70 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, XRPQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, XRPQ doesn't pay dividends to its holders.
XRPQ trades at a premium (1.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XRPQ shares are issued by 3iQ Corp.
XRPQ follows the XRP/USD Exchange Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 17, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.