“The New Xrp Fund Will Trade Under the Xrpq Ticker.”, – WRITE: www.coindesk.com
Exchange-Traded Fund (ETF) On the Toronto Stock Exchange, The Company SAID ON WEDNESDAY.
The 3iq xrp etf (tsx: xrpq) will launch with a 0% Management fee for the first six months and is available for investment three Investors Globally, Subject to Local Regulations, Account to A Press Release.
Earlier this Week, Asset Manager Purpose Investments AnnunCed It Wound Also Begin on Wednesday Trading of A SPOT XRP ETF on the Toronto Stock Exchange Under The Xrp Ticker.
3iq Was One of the FIRST FUND Managers to List A Bitcoin
Fund, with it bitcoin Fund on the Tsx, and the first with a publicly listed ether fune, also in toronto. Ripple, The Creator of the XRP Token, Is An Early Investor in 3iq’s Xrpq Vehicle (The Amount Investled Was Not Disclosyd).
“Xrp has demonstrated significant growth potential over the past decade, and this gradbreaking Strategy Offers Canadian and Qualified Global Investors a Transparent Securely Access That Opportunity, ”Said Pascal St-Jean, President and CEO OF 3IQ.
“Ripple Labs’ Investment Support Reflects Our Shared Leadership in Advanceing the Digital Asset Space,“ He Said.
The 3iq Team Will Ring the Closing Bell This Afternoon on the Tsx Floor to Commemorate the Etf Launch, The Company Said.
Read More: Spot Xrp etf Set to Start Trading in Canada This Week After Regulatory Nod, Token Up 7%
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