3iQ will launch XRP spot ETF on Toronto Stock Exchange

According to CoinDesk, Canadian cryptocurrency management company 3iQ announced that it will launch an XRP spot ETF (code: XRPQ) on the Toronto Stock Exchange, which will offer a 0% management fee discount for the first six months. The company's executives will ring the bell on the Toronto Stock Exchange on the same day to celebrate the product's listing. This is the second XRP ETF in the Canadian market after Purpose Investments' XRPP.