The low compliance rate among crypto miners in Russia highlights challenges in enforcing regulations, potentially impacting energy policies and economic oversight. The post Only 30% of crypto miners comply with Russia&#8217;s new rules, finance ministry official says appeared first on Crypto Briefing.

Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says

Canada’s Toronto Stock Exchange today saw a new entrant aimed at making XRP 
more accessible to investors. The 3iQ Corp. rolled out its spot-based XRP ETF, 
trading under the ticker XRPQ, with an introductory 0% management fee for the 
first six months. Related Reading: Tether Enforces Freeze On $12 Million In 
Tron Funds Over Illicit Activity Based on reports, this move offers both 
retail and institutional clients a hands‑off way to own XRP without worrying 
about private wallets or unregulated platforms. Building Trust Through Custody 
According to the announcement, XRPQ will hold its XRP coins in cold storage, 
kept separate for each investor to cut down the chance of a hack. The fund 
plans to buy XRP from regulated sources like over‑the‑counter desks. That 
setup mirrors what other digital‑asset funds do for Bitcoin and Ether. We are 
excited to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) — one of 
the first ETFs in North America to provide exposure to #XRP. XRPQ debuts with 
a 0% management fee for the first six months, and @Ripple as an early investor 
in the fund. “The launch of XRPQ… pic.twitter.com/me19RLAzJI — 3iQ Digital 
Asset Management (@3iq_corp) June 18, 2025 Backing From Ripple San Francisco’s 
Ripple has taken a stake in the new fund, according to reports. The company 
didn’t share how much it invested, but its support sends a strong message. It 
shows Ripple believes in XRPQ’s structure and security, even after years of 
uncertainty about XRP in the US courts. Growth Of XRP Over A Decade Data from 
2015 to now shows that XRP’s price jumped to around 10,700%, climbing from 
$0.02 back then to $2.16 today. That surge underscores why 3iQ’s CEO and 
President, Pascal St‑Jean, called this ETF “an easy way for Canadians and 
qualified investors overseas to tap into XRP’s growth.” He rang the TSX’s 
closing bell to mark the launch. Purpose Joins The Fray Reports also disclose 
that Purpose Investments launched its own XRP ETF, XRPP, on the same day. That 
makes two spot XRP ETFs now available on the same exchange. Both products aim 
to give investors a regulated path to XRP, but only time will tell which 
approach wins more fans. Related Reading: Iran’s Top Crypto Hub Loses $82 
Million To Hackers With Israeli Links—Details Looking Ahead To US Approval 
According to industry watchers, over 10 applications for a spot XRP ETF are 
currently waiting on the US Securities and Exchange Commission. Traders and 
managers predict a green light could come by October 2025. Until then, US 
investors will be watching from the sidelines, while Canada continues to lead 
in crypto‑ETF innovation. With XRPQ’s debut, 3iQ highlights its mission of 
opening up digital assets in a regulated way. It’s a clear sign that more 
traditional markets are warming up to crypto. And with Ripple’s backing and a 
zero‑fee for half a year, this new ETF could draw attention from anyone who 
wants XRP exposure without the usual hurdles. Featured image from Pixabay, 
chart from TradingView

Big Move For XRP: Ripple-Backed ETF Launches In Canada

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