币界网报道：3iQ, a leading Canadian digital asset investment firm, has launched the 3iQ XRP ETF (QXRP) on the Toronto Stock Exchange, marking the first XRP exchange-traded fund in North America. The ETF provides institutional investors with exposure to XRP's price movements while excluding retail participation due to its high minimum investment threshold of $50,000 CAD. Unlike spot ETFs that hold the underlying asset, QXRP tracks XRP's performance through derivative contracts, offering tax advantages for Canadian investors. The launch comes despite ongoing regulatory uncertainty surrounding XRP in the U.S., where the SEC's lawsuit against Ripple continues. 3iQ CEO Fred Pye emphasized the product's institutional focus, stating it addresses demand from professional investors seeking regulated crypto exposure. The ETF's structure allows Canadian accredited investors to gain XRP exposure without directly holding the cryptocurrency, potentially paving the way for similar products if U.S. regulatory clarity emerges.