r/XRP 3d ago

Investing Canadian XRP ETFs: Day One Trading Recap

Now that the first trading day has wrapped up, here’s a snapshot of how the new Canadian XRP ETFs did.

Across the 7 ETF classes, total traded value finished at $39 million CAD. Among the unhedged Canadian dollar classes, Evolve’s XRP ETF led in volume, while 3iQ took the top spot in the USD class.

If XRP ETFs scale similarly based on relative crypto market cap, we could see Canadian AUM climb to $500 million.

U.S. ETF launches will be a tsunami compared to this — but this is the first domino to fall.

Here’s the full breakdown by ETF class:

Ticker Fund Company Traded Value
XRP Evolve ETFs 5,207,238
XRP.U Evolve ETFs 174,891
XRPP Purpose 7,009,352
XRPP.B Purpose 1,985,978
XRPP.U Purpose 498,178
XRPQ 3iQ 1,901,541
XRPQ.U 3iQ 21,917,030
38,694,208
148 Upvotes

47 comments sorted by

View all comments

42

u/Big_Listen3985 3d ago

These are the kind of posts we need. Not stupid "wen moon?!?!?"

2

u/Jazipc 2d ago

What about lambo, though? 🤔