Following Bitcoin and Ethereum, spot ETF approval for altcoins is also expected in the US. XRP and Solana are among the top candidates for approval, while XRP ETFs outside the US have already begun to achieve significant success. The 3IQ XRP ETF, the largest North American spot ETF, has surpassed $50 million in client assets since its launch on June 18. According to data, the 3iQ XRP ETF has reached a remarkable milestone of surpassing $50 million in assets under management just 23 days after it began trading on the Toronto Stock Exchange (TSX). The XRP ETF was launched on June 18 with a 0% management fee for the first six months, making it one of the most competitively priced ETFs in the market. 3iQ President and CEO Pascal St-Jean commented on the success of the XRP ETF: “This significant milestone for our XRP ETF demonstrates continued strong interest in XRP and the increasing prudence of asset allocation from both individual and institutional investors. Clients prefer this asset because it combines the flexibility of an exchange-traded fund with a 0% management fee at launch. This fee contrasts with the high premiums that were a hallmark of previous digital asset ETFs. Following the tremendous success of our Solana Staking ETF, the largest Solana ETF in North America, 3iQ continues to lead with XRP.” *This is not investment advice. Continue Reading: Critical Data Released for XRP! A Turning Point is Coming! "Unprecedented Success in Just 23 Days!"
