This week, XRP entered a new era of institutional adoption, marked by the launch of a dedicated exchange-traded fund (ETF) on one of the world’s top stock exchanges. According to a report from Uphold, a leading digital asset exchange, this development could signal a major step forward in XRP’s mainstream acceptance and long-term value proposition. XRP ETF Debuts on the Toronto Stock Exchange The highlight of the week is the official launch of the 3iQ XRP ETF —trading under the ticker symbols XRPQ and XRPQ.U—on the Toronto Stock Exchange (TSX). Managed by 3iQ Corp, a Canada-based digital asset manager backed by Ripple Labs, the ETF provides investors with direct, regulated exposure to XRP. To attract institutional and retail investors alike, 3iQ has waived management fees for the first six months, making XRPQ one of the most competitively priced digital asset ETFs available. The fund is designed for long-term holdings and will invest exclusively in XRP. All underlying assets are secured in standalone cold storage to ensure maximum security. Here’s your #XRP Report for the week: XRP Enters the ETF Era 3iQ, the digital asset manager backed by #Ripple , has announced the launch of the 3iQ XRP ETF which began trading on the Toronto Stock Exchange. XRPQ is one of the first ETFs to provide investors with XRP… pic.twitter.com/itEypEZNwR — Uphold (@UpholdInc) June 21, 2025 Ripple’s involvement as an early backer adds significant credibility, reinforcing the growing institutional interest in XRP. In addition to XRPQ, other Canadian asset managers, including Purpose Investments and Evolve ETFs, have launched similar XRP-focused funds on the TSX, offering both CAD and USD-denominated units. This positions Canada as a global leader in XRP-based investment products, ahead of the U.S., where regulatory delays continue to hold back the approval of similar spot ETFs. XRP Price Holds Steady Above Key Support On the price front, XRP continues to show resilience, currently trading around $2.19, within a weekly range of $2.13 to $2.26. Analysts note that support remains strong in the $2.15 to $2.17 region. Meanwhile, the $2.23 to $2.26 range is acting as a key resistance zone that traders are watching closely. Despite modest 24-hour losses, XRP has posted remarkable long-term growth. Since 2015, its price has surged by over 10,000%, reflecting its increasing relevance in both speculative and utility-driven narratives. Technical indicators suggest that a breakout above $2.26 could lead to further upside, with targets in the $2.30 to $2.36 range. However, a failure to break above resistance may keep prices consolidating in the short term. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Momentum Meets Real-World Utility Uphold’s report emphasizes that institutional infrastructure around XRP is rapidly evolving. The combination of spot ETFs, regulated custody, and increased global access points is creating a more mature investment environment. XRP’s real-world use cases—especially in cross-border payments, liquidity provision, and on-chain finance—are beginning to align with its investment narrative. Beyond ETFs, CME Group’s launch of XRP futures contracts in May further confirms that institutional demand is growing. These products enhance price discovery, bring added liquidity, and offer new tools for sophisticated investors and traders. Outlook: A Turning Point for XRP? Uphold’s report underscores a broader shift taking place: XRP is no longer just a speculative asset—it’s being structured for long-term adoption. With new ETFs offering secure and regulated exposure, and Ripple’s continued expansion of enterprise use cases, the groundwork for mainstream adoption is being laid. As the market awaits U.S. regulatory clarity, Canada has emerged as a pioneer, offering investors a preview of what a fully integrated XRP investment ecosystem might look like. If price action breaks convincingly above $2.26, it could mark the beginning of the next leg in XRP’s upward journey. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Crypto Exchange Releases XRP Report for the Week appeared first on Times Tabloid .
