3IQ’s new XRP ETF (XRPQ) reaches 23 million CAD (USD 16.7 million) within 72 hours of managed assets

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Titel: Erfolgreicher Start des XRP ETF von 3iQ Der neu gestartete XRP ETF (XRPQ) von 3iQ hat innerhalb von nur 72 Stunden beeindruckende CAD 23 Millionen (entspricht etwa 16,7 Millionen US-Dollar) an verwalteten Vermögenswerten gesammelt. Diese schnelle Ansammlung von Kapital zeigt das erhebliche Interesse der Investoren an Kryptowährungsanlagen und insbesondere an XRP. Der ETF ermöglicht …
Title: Successful start of the XRP ETF of 3IQ The newly launched XRP ETF (XRPQ) from 3IQ has collected impressive CAD 23 million (corresponds to around $ 16.7 million) of managed assets within just 72 hours. This fast accumulation of capital shows the considerable interest of investors in cryptocurrency plants and in particular to XRP. The ETF enables ... (Symbolbild/KNAT)

Title: Successful start of the XRP ETF of 3IQ

The newly launched XRP ETF (XRPQ) of 3IQ has collected impressive CAD 23 million in only 72 hours (corresponds to around $ 16.7 million) of managed assets. This fast accumulation of capital shows the considerable interest of investors in cryptocurrency plants and in particular to XRP.

ETF enables investors to invest in XRP in a simple and regulated manner without having to worry about the technical aspects of the crypto trading platforms. With this innovative product, 3IQ uses the growing market for cryptocurrency funds and thus serves the demand for traditional investment vehicles in the digital currency area.

The development of the ETF is considered a milestone by many in the financial industry and could boost interest in further cryptocurrency ETFs. While digital currencies continue to gain popularity, the introduction of such products plays a decisive role in the acceptance and integration of cryptocurrencies into the mainstream financial market.

The first feedback from investors show that the combination of XRP as an established crypto-asset and professional administration through 3IQ convinced many to invest in these new funds. The successful timing and the market conditions could also help to position itself as an attractive option for investors.

The launch of the XRP ETFS of 3IQ could not only be an important step for the company itself, but also have a lasting impact on the entire cryptocurrency market.