Institutions Are Steadily Accumulating XRP: Latest Updates

Monex Group's Investment in 3iQ: Monex Group has increased its ownership in 3iQ, the Canadian firm behind the first spot XRP ETF, raising its stake to approximately 97.8% and reflecting a significant growth in assets under management, which rose 39% year-over-year.

XRP ETF Performance: The XRP ETF launched by 3iQ on June 18, 2025, has seen rapid growth, surpassing CAD 152 million in assets within a few months, indicating strong institutional and retail demand for regulated XRP exposure.

Implications for XRP: The increasing adoption of XRP in formal investment structures enhances its credibility as a digital currency, suggesting a growing integration into the financial market.

Future Outlook: Analysts suggest that Monex's investment strategy indicates a strong belief in XRP's potential, with the sentiment that they are "buying XRP's future" rather than just shares in 3iQ.