BitcoinWorld South Korea Crypto Regulations: Pivotal Banking Proposals Face Uncertain Delay Are you tracking the evolving landscape of South Korea crypto regulations ? The latest news from Seoul suggests a pause in anticipated reforms, leaving many in the digital asset space wondering about the path forward. This development comes at a crucial time when nations worldwide are grappling with how to integrate cryptocurrencies into their financial systems while ensuring stability and consumer protection. For a country as technologically advanced and crypto-aware as South Korea, every policy decision carries significant weight, influencing not just its domestic market but also setting precedents for the broader Asian crypto ecosystem. What’s the Latest on South Korea Crypto Regulations ? The core of the recent announcement centers on the South Korean Presidential Transition Committee. According to a report by Yonhap Infomax, the committee has clarified that it is not currently undertaking a detailed review of a proposal put forth by the nation’s influential banking sector . This proposal aimed to ease existing regulations on digital assets and non-financial businesses, a move that many had hoped would open up new avenues for growth and innovation within the financial technology space. Spokesperson Cho Seung-rae explained that the committee is still in the preliminary stages, meticulously sorting through various proposals and aligning them with broader policy areas and pledges. This process, while seemingly bureaucratic, is critical for ensuring that any new regulations are coherent and serve the long-term strategic goals of the new administration. The implication here is not a rejection of the proposals, but rather a deferral, suggesting that while the ideas are on the table, they are not yet prioritized for immediate action or deep dive analysis. This waiting game can be a source of anxiety for businesses and investors who thrive on regulatory clarity and certainty. The Banking Sector’s Bold Proposals: What Were They? While the exact specifics of the banking sector’s proposals have not been fully disclosed to the public, the general sentiment points towards a desire for more flexibility in handling digital assets . Historically, South Korea has maintained a relatively strict stance on cryptocurrencies, particularly concerning anti-money laundering (AML) and know-your-customer (KYC) requirements. Financial institutions have faced significant hurdles in offering crypto-related services due to stringent guidelines designed to protect consumers and prevent illicit financial activities. It is widely believed that the banking sector sought to: Expand Services: Allow banks to directly offer cryptocurrency trading, custody, and other related services to their clients, rather than solely relying on partnerships with external crypto exchanges. Integrate Digital Assets: Facilitate the integration of various digital assets, including NFTs and tokenized securities, into traditional financial products and services. Reduce Regulatory Burden: Streamline the compliance process for banks engaging with the crypto market, making it more feasible and less costly to operate within this nascent industry. Foster Innovation: Position South Korean banks at the forefront of digital finance innovation, allowing them to compete globally with more crypto-friendly jurisdictions. These proposals reflect a growing recognition within traditional finance that digital assets are not merely a passing fad but a transformative force. Banks, eager to capture new revenue streams and serve an evolving customer base, are keen to participate more actively in this space. The delay in reviewing these proposals means that these aspirations will have to wait, prolonging the period of uncertainty for the traditional financial sector’s deeper engagement with crypto. Navigating the Future of Digital Assets in Korea The committee’s current focus on ‘sorting proposals and aligning them with policy areas and pledges’ indicates a methodical approach to future policy-making. This holistic view is crucial for digital assets , which span a wide range of innovative technologies beyond just cryptocurrencies. This includes non-fungible tokens (NFTs), central bank digital currencies (CBDCs), and tokenized real-world assets. Each of these categories presents unique regulatory challenges and opportunities. For non-financial businesses, especially those in the tech, gaming, and entertainment sectors that are increasingly leveraging blockchain and digital assets, this delay means continued ambiguity. Many of these businesses rely on clear regulatory frameworks to develop and deploy new products and services. Without a definitive stance, investment and innovation might proceed with caution, or even shift to more accommodating jurisdictions. The committee’s task is immense: to craft regulations that foster innovation without compromising financial stability or consumer protection. This balancing act is precisely why the review process is so complex and time-consuming. Why Are Stablecoins a Special Case for Scrutiny? Spokesperson Cho Seung-rae explicitly mentioned that stablecoins are ‘not an exception’ to the committee’s thorough review process. This highlights a global trend where stablecoins are increasingly under the regulatory microscope. Stablecoins, designed to maintain a stable value relative to a fiat currency or other assets, are seen as a critical bridge between traditional finance and the volatile cryptocurrency market. However, their growing prominence also brings significant concerns: Financial Stability: Large, widely used stablecoins could pose systemic risks if their reserves are not adequately managed or transparent. A ‘run’ on a major stablecoin could ripple through the broader financial system. Consumer Protection: Users need assurance that their stablecoins are truly backed one-to-one and that the issuers are financially sound and transparent. Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF): Like other cryptocurrencies, stablecoins can be used for illicit activities if not properly regulated. Monetary Policy: The widespread adoption of private stablecoins could potentially impact a central bank’s ability to conduct monetary policy effectively. Given these concerns, it’s understandable why the committee would give stablecoins particular attention, ensuring that any easing of crypto rules for the broader digital asset market does not inadvertently create new vulnerabilities within the financial system. South Korea, with its history of robust financial regulation, is likely to take a cautious and comprehensive approach to stablecoin oversight, mirroring discussions in other major economies like the U.S. and the EU (with its MiCA regulation). Understanding the Current State of Crypto Rules in South Korea Currently, South Korea operates under a framework that largely treats cryptocurrencies as virtual assets, subject to strict anti-money laundering (AML) obligations. Crypto exchanges are required to register with the Financial Intelligence Unit (FIU) and adhere to stringent reporting requirements, including real-name account verification for transactions. While this has brought a degree of legitimacy and reduced illicit activities, it has also created a challenging environment for innovation and market expansion. The existing crypto rules have been criticized by some for being too restrictive, potentially stifling the growth of a domestic crypto industry that could otherwise compete globally. The banking sector’s proposals were likely an attempt to find a middle ground – a way to integrate digital assets more smoothly into the mainstream financial system without compromising the nation’s strong regulatory principles. The current delay, therefore, prolongs the status quo, leaving the industry to operate under the existing, often cumbersome, regulations. Challenges and Opportunities for South Korea’s Crypto Future The committee’s ongoing review process, while slow, presents both challenges and opportunities for South Korea’s crypto future: Challenges: Regulatory Uncertainty: The prolonged period of ‘not under review’ creates an environment of uncertainty, which can deter both domestic and foreign investment in the crypto space. Innovation Flight: Without clear and progressive regulations, innovative blockchain projects and companies might choose to set up shop in more crypto-friendly jurisdictions. Balancing Act: The inherent difficulty in balancing consumer protection and financial stability with the need to foster technological innovation remains a significant hurdle. Global Harmonization: Aligning domestic South Korea crypto regulations with evolving international standards is complex but essential for global interoperability. Opportunities: Thoughtful Policy-Making: The deliberate approach allows the committee to craft comprehensive, well-considered policies that avoid pitfalls seen in other nations. Strong Foundations: By taking their time, South Korea can build a robust regulatory framework that provides long-term stability and legitimacy for the digital asset market. Leadership in Web3: A well-designed regulatory environment could eventually position South Korea as a leader in the broader Web3 economy, attracting talent and capital. Enhanced Consumer Trust: Clear and effective regulations can build greater public trust in digital assets , encouraging broader adoption and participation. What Does This Mean for Investors and Businesses? Actionable Insights. For those invested in or looking to enter the South Korean crypto market, the current situation demands patience and vigilance. The delay signifies that significant regulatory shifts are not imminent, but it also doesn’t mean they won’t happen. Here are some actionable insights: Monitor Developments Closely: Keep a keen eye on official announcements from the Presidential Transition Committee and other relevant government bodies. Policy shifts can occur quickly once the review process is complete. Understand the Current Framework: Operate strictly within the existing crypto rules . Compliance remains paramount to avoid legal issues. Engage with Local Experts: Consult with legal and financial experts specializing in South Korean crypto regulations to understand the nuances and prepare for potential changes. Diversify and Adapt: For businesses, consider diversifying strategies to account for regulatory uncertainty. For investors, understand that regulatory news can significantly impact market sentiment. The path forward for South Korea crypto regulations is clearly a methodical one. While the immediate impact of this announcement is a prolonged period of regulatory ambiguity regarding the banking sector’s proposals, it also underscores the administration’s commitment to a thorough and considered approach to digital asset policy. The inclusion of stablecoins as a specific area of focus further emphasizes the comprehensive nature of this review. In conclusion, the South Korean Presidential Transition Committee’s decision to delay the detailed review of banking sector proposals to ease crypto rules for digital assets and non-financial businesses, including stablecoins , signals a period of careful deliberation rather than immediate action. While this might lead to short-term uncertainty for the market, it also provides an opportunity for the new administration to lay down a robust and sustainable framework for the future of digital finance in one of Asia’s most significant economies. The world will be watching closely as South Korea navigates this complex but crucial policy landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post South Korea Crypto Regulations: Pivotal Banking Proposals Face Uncertain Delay first appeared on BitcoinWorld and is written by Editorial Team
The US Federal Housing Finance Agency (FHFA) is exploring the integration of cryptocurrency holdings, such as Bitcoin, into mortgage qualification criteria, signaling a potential shift in traditional lending practices. This
The crypto market is up today following a de-escalation in the Middle East. 98 of the top 100 coins have appreciated over the past 24 hours. Moreover, the cryptocurrency market capitalization has increased by 2.9% over the past day, now standing at $3.23 trillion. The total crypto trading volume is at $150 billion. TLDR: The crypto market records a sharp and notable upward swing; 30 coins saw double-digit rises BTC rose back up to $105,471, and ETH jumped 7.5% to $2,422; Markets reacted to de-escalation in the Middle East, with higher-risk assets benefiting; ”People aren’t panic selling like in previous cycles; they’re accumulating”; The market sentiment moves from the fear into the neutral zone; Investors are awaiting further signals. Crypto Winners & Losers The crypto market finally took a turn for the green today. All the top 10 coins per market cap are up and with notable increases. Bitcoin (BTC) appreciated by 3.5%, now trading at $105,471. For comparison, this time yesterday, the coin changed hands at $101,924. Furthermore, Ethereum (ETH) rose by 7.5%, now trading at $2,422. It’s one of the category’s best performers again. XRP (XRP) saw the highest increase in this category of 8.1% to the price of $2.2. Moreover, nearly all the top 100 coins saw their prices increase in the same period, and nearly 30 of them saw double-digit increases. The best performer is Sei (SEI) with a 36.1% rise to $0.2801. SPX6900 (SPX) follows with a jump of 27.8% to $1.31. At the same time, OKB (OKB) and WhiteBIT Coin (WBT) are the only two coins with drops, with decreases of 3% and 0.8% to $51.84 and $47.96, respectively. The market plunged nearly two weeks ago following a significant escalation of conflict in the Middle East. The ongoing geopolitical instability created uncertainty in the markets across the board. After more than a week since Israel had attacked Iran, US President Donald Trump claimed last night that a cease-fire between these two countries had started. However, uncertainty still looms as Israel didn’t comment, and Iran fired shots. President Trump says Israel-Iran ceasefire is “in effect." Follow live updates. https://t.co/bv18k3sEzW — CNN (@CNN) June 24, 2025 Nonetheless, easing geopolitical tension increases interest in higher-risk assets, which BTC benefits from. ‘People Are Accumulating, Not Panic Selling’ Commenting on altcoins, Tom Bruni, Editor-in-Chief and VP of Community at Stocktwits , said that one of the most interesting current developments is that Bitcoin’s dominance has been rising for 33 months. It hit a 4.5-year high at 65.73%. Typically, this spike would signal that altcoins were “dying off.” And even many altcoins are underperforming, the overall market cap is still sitting near historical highs. “That tells us capital is still flowing into altcoins, even if the performance hasn’t kept up,” Bruni said in an email. “Given how aggressively firms like BlackRock and Fidelity have moved into Bitcoin, it’s honestly surprising altcoins haven’t performed worse,” he writes. “On-chain data shows this is likely because most altcoins with market caps above $1 billion continue to grow with long-term holders. People aren’t panic selling like in previous cycles; they’re accumulating.” Meanwhile, Glassnode found that Loss Sellers rose 29% since 10 June. However, Conviction Buyers are also increasing. Since June 10, $BTC investors classified as Loss Sellers rose 29% (from 74K to 95.6K), showing growing pressure on weak hands. But Conviction Buyers also increased, suggesting sentiment isn’t collapsing. Some are cutting losses – others are actively lowering their cost basis. pic.twitter.com/cwuN8TBAe2 — glassnode (@glassnode) June 23, 2025 James Toledano, Chief Operating Officer at Unity Wallet , commented on the impact of the rising tension in the Middle East on the markets. Over the weekend, it created expected economic uncertainty. “The nexus between oil prices and the Bitcoin market is increasingly evident,” Toledano says. Higher oil prices mean higher energy costs, directly impacting Bitcoin mining profitability and network dynamics. If the production cost floor rises due to this, it could support prices but also increase volatility. “Even the whiff of higher oil prices can send the price of a Bitcoin lower, and we saw this play out over the weekend before markets re-adjusted upward this morning, possibly pricing potential crude oil price hikes in.” However, the recent drop coupled with sustained institutional inflows and rising correlation with gold signal “a maturing narrative. Its ability to rebound quickly like equities of late, also speaks to its mainstream financial adoption,” Toledano writes. Levels & Events to Watch Next At the time of writing, BTC trades at $105,471. It hit its intraday high of $105,927 earlier this morning (UTC), recovering from the all-time low of $100,183. Currently, it’s 5.7% down from its May all-time high of $111,814. The coin will test the resistance level of $106,000. Should it break it, it will retest $107,580 and $109,041. At the same time, the next support level is $103,965. Should it break this, it may fall to $102,199 and $100,487 Bitcoin Price Chart. Source: TradingView At the same time, Ethereum is currently trading at $2,422. This is a notable rise from the daily low of $2,206. The intraday high now stands at $2,425. Moreover, the crypto market sentiment has re-entered neutral territory, exiting the briefly visited fear zone. The Fear and Greed Index has increased from 37 yesterday to 47 today . Fear has stopped driving the prices lower, with investors now awaiting further signals. There is a potential of revisiting the greed zone. Source: CoinMarketCap Meanwhile, on 23 June, US BTC spot exchange-traded funds (ETFs) recorded $350.43 million in inflows. While BlackRock and Fidelity lead the list with inflows of $217.6 million and $105.66 million, respectively. Source: SoSoValue On the same day, US ETH ETFs saw inflows of $100.78 million . Fidelity saw the highest amount, bringing in $60.48 million. Source: SoSoValue Meanwhile, American investor and entrepreneur Anthony Pompliano announced a $1 billion business merger to create a Bitcoin-native firm, ProCap Financial . He said that the company raised $750 million “from some of the leading institutional investors on Wall Street.” Today I am announcing a $1 BILLION merger to create ProCap Financial, a bitcoin-native financial services. The company will be a publicly traded entity on Nasdaq at the conclusion of the proposed business combination between my private company ProCap BTC, LLC and Columbus Circle… — Anthony Pompliano (@APompliano) June 23, 2025 Moreover, Hong Kong multifamily offices VMS Group reportedly plans to allocate up to $10 million to Re7 Capital , a London-based hedge fund focused on decentralized finance strategies. “We thought this was the right time [to enter crypto] because of growing demand and because we see clearer legislative and government support from various jurisdictions, as well as large institutional support and endorsement,” VMS managing partner Elton Cheung said. Quick FAQ Why did crypto move with stocks today? Both the crypto and the stock market saw increases over the last day. The S&P 500 increased by 0.96%, the Nasdaq-100 went up by 1.06%, and the Dow Jones Industrial Average rose by 0.89%. The rises followed the de-escalation in the Middle East, easing investors’ concerns. Is this rally sustainable? The overall macroeconomic and geopolitical situation is unstable at the moment and could go either way. Consequently, the market will react. That said, analysts remain bullish in the long term. The post Why Is Crypto Up Today? – June 24, 2025 appeared first on Cryptonews .
On June 24th, President Trump issued a cautionary statement to Israel, urging restraint to avoid breaching existing agreements. This geopolitical development underscores the complex interplay between global events and financial
It’s been a busy week for crypto markets. Bitcoin briefly sank below $100K due to escalated geopolitical tensions, Strategy (formerly MicroStrategy) bought more $BTC anyways, and Ethereum watchers are buzzing over a massive leveraged whale trade. Despite the turmoil, there’s still a bullish vibe to the market. Here’s what the latest moves mean for crypto and how Bitcoin’s momentum is the perfect setting for one of the best new crypto presales – BTC Bull Token . Strategic Accumulation at the Dip Between June 16–22, Strategy scooped up 245 BTC (~$25 M), nudging its stash to 592,345 BTC ($60B) . This move, its second-smallest buy of 2025, reflects a disciplined approach, maintaining a steady drip of purchases even as $BTC dips. In this case, even as the U.S.–Iran tensions and a U.S. airstrike in Iran dragged $BTC briefly below $100K, Strategy pushed ahead. In the end, the actual purchase price of $105K came in slightly higher than Strategy’s previous purchase, despite the ongoing conflict and its market repercussions. Top-10 Cryptos Fall, Surge, then Steady US airstrikes in Iran triggered a period of steadily increasing tensions, continuing a conflict between Israel and Iran. An Iranian counterstrike in Qatar sent $BTC further down. But when US President Donald Trump announced a ceasefire between the combatants, crypto markets surged. A look at the 24-hour performance of the top 10 cryptos by market cap shows green across the board, as every major crypto surged. Since then, many have fallen back, but still remain above pre-ceasefire levels. If the ceasefire holds, the conflict may have little long-term impact on the crypto market; it was simply too short-lived. However, tension in the region is still at an all-time high, with Israel claiming a recent ceasefire violation . Iran has denied all accusations. $BTC, $ETH Make Capital Moves Behind the Scenes In a Form 8-K filed June 23 , Strategy revealed no new common stock issuances, retaining a massive $18.6B ATM capacity. The company did raise $26.1M by selling preferred stock: 166,566 STRK and 84,354 STRF shares. These funds likely fuel Strategy’s ongoing $BTC accumulation amid market volatility. In parallel, Ash Crypto on X flagged a dramatic $100M $ETH long at 25x leverage. The trade could either boost $ETH if momentum holds or spark a reversal on a misstep. Ethereum’s performance has lagged Bitcoin’s over the past year; while $BTC is up 68%, $ETH is down 29%. The world’s second-largest crypto is up 5% in the past 24 hours. Will bullish $BTC momentum buoy Ethereum as well? BTC Bull Token ($BTCBULL) – A Bullish Crypto Outlook Bodes Well for First-Ever Bitcoin Meme Coin Don’t just follow Bitcoin; profit from it. That’s the genius of BTC Bull token ($BTCBULL) . What is BTC Bull token? It’s a project with an innovative structure that provides investors with three ways to earn from Bitcoin’s impressive 230% AAR: $BTCBULL token price increase, fueled by deflationary tokenomics with token burns every time Bitcoin breaks through key price milestones at $125K, $175K, and $225K. $BTC airdrops, awarded to BTC Bull token holders using the Best Wallet app when Bitcoin reaches $150K and $200K. $BTCBULL token airdrop, arriving once Bitcoin hits the $250K milestone. The combination of token burns and Bitcoin airdrops incentivizes token growth and project participation; the more Bitcoin’s price rises and the better the crypto economy goes, the more value the $BTCBULL token holds thanks to its indirect exposure to $BTC. Buying $BTCBULL during the presale also comes with staking rewards, currently offering 55% dynamic APY. The outlook is bullish for BTC Bull token, especially given constant buying pressure on Bitcoin from Saylor’s Strategy. Our own $BTCBULL price prediction points to those and other factors as reasons why $BTCBULL could climb to $0.0187 by the end of 2026, (up from $0.00258 today). Will Ceasefire Trigger Continued Bitcoin Surge? Prices rebounded in the wake of the ceasefire announcement, although tension in the region is still ongoing. Will the crypto market continue to surge? Could the conflict, and its resolution, actually feed the bullish outlook for Bitcoin? If it does, BTC Bull token could be ready to explode in the latter half of 2025. Remember to do your own research; this article is not meant for financial advice.
The US Federal Housing Finance Agency is reviewing whether crypto holdings like Bitcoin could be used to qualify for mortgages.
BitcoinWorld Bybit Report Reveals Bitcoin Dominates One-Third of Crypto Portfolios as XRP Emerges as Third-Largest Asset DUBAI, UAE, June 24, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has released a new report on crypto holders’ asset allocation for the first half of 2025. Based on data from October 2024 to May 2025, the report revealed significant shifts in investor patterns among digital asset holders. BTC and ETH remained the “power couple” that dominated 58.8% of the total non-stablecoin investment in May, while XPR overtook SOL in third place. ETH’s recovery story also stands out, with the asset rebounding from a low of 3.89% holdings in April 2025 to show substantial improvement by May, though it has not yet returned to its November 2024 peak of 11.12%. Key Findings: One-in-three crypto assets are now in BTC : As of May 2025, BTC accounts for 30.95% of total investor holdings, representing approximately one out of every three coins in portfolios — a notable increase from 25.4% in November 2024. The current ETH/BTC holding ratio stands at 0.27, meaning investors typically hold $4 in BTC for every $1 in ETH. XRP rode on its ETF momentum : XRP has overtaken SOL to claim the third-largest position among non-stablecoin cryptocurrencies, with holdings doubling from 1.29% to 2.42% by May 2025. This surge is largely attributed to growing institutional and retail optimism surrounding potential SEC approval of XRP Spot ETFs. Solana bulls in deep slumber : In contrast, despite its previous bullish momentum in Q3 2024, Solana holdings declined 35% from 2.72% in November 2024 to 1.76% in May 2025, reflecting a shift in investor sentiment and capital allocation. The full Asset Allocation Report (1H 2025) is available for download on Bybit Learn . #Bybit / #TheCryptoArk / #BybitLearn About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube This post Bybit Report Reveals Bitcoin Dominates One-Third of Crypto Portfolios as XRP Emerges as Third-Largest Asset first appeared on BitcoinWorld and is written by chainwire
The ceasefire announcement by President Trump eased Middle East tensions, boosting crypto markets. Ethereum surged 9% as major investors aggressively accumulated during the market dip. Continue Reading: Ethereum Skyrockets: Discover What Powers This Unstoppable Surge The post Ethereum Skyrockets: Discover What Powers This Unstoppable Surge appeared first on COINTURK NEWS .
As CryptoPotato reported earlier today, Donald Trump announced that there’s a ceasefire agreement between Israel and Iran. The crypto market took the news very positively and Bitcoin soared, testing the $106,000 level in a matter of hours. At the time of this writing, the price has corrected a bit and it trades at around $105,300, but remains 3.8% up on the day. Source: TradingView Later in the day, however, reports emerged of Israel blaming Iran for firing missiles after the agreement took place and promising to retaliate. Markets are hesitant to accept any further escalation and even though the tension remains, the volatility seems to have been weathered in the past few hours. Donald Trump urged Israel not to retaliate and to “bring [their] pilots home.” He said that he is “not happy with Israel,” while further reassuring that “Iran’s nuclear capacities are gone,” and that “Iran will never rebuild its nuclear program.” The story is developing. The post Donald Trump Urges Israel to “Bring Pilots Home,” Crypto Markets Steady appeared first on CryptoPotato .
3iQ’s newly launched XRP ETF (XRPQ) amassed CAD 23 million ($16.7 million) in assets under management within just 72 hours, signaling rising institutional interest in the cryptocurrency. Key Takeaways: 3iQ’s XRP ETF (XRPQ) reached $16.7 million AUM within 72 hours, outperforming competing products. Backed by Ripple and secured with cold wallet custody, the fund attracted strong early institutional interest. XRPQ’s rapid success highlights growing demand for altcoin ETFs. The fund, which began trading on June 18 on the Toronto Stock Exchange (TSX), has quickly outpaced competitors to become the largest XRP-focused ETF in the country, the firm said in a recent announcement . XRPQ entered the market with momentum, supported by a six-month 0% management fee and direct investment from Ripple itself. 3iQ’s XRP ETF Secures Holdings in Cold Wallets From Trusted Sources 3iQ’s ETF holds long-term XRP positions sourced from vetted exchanges and OTC providers, with assets stored in cold wallets to bolster security. The fund’s early performance has exceeded that of Purpose Investments’ XRPP, which launched on the same day but has attracted only CAD 10.7 million ($7.8 million) in AUM so far. While both funds offer the same fee waiver, XRPQ has pulled in more capital and outperformed on the price front. By June 20, XRPQ closed at CAD 13.36 ($9.71), significantly higher than XRPP’s CAD 9.66 ($7.02), highlighting stronger initial demand. 3iQ’s reputation in the Canadian market likely contributed to the fast inflow. The firm already manages a number of digital asset products, including Bitcoin and Solana-based funds. 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 Earlier this year, its Solana Staking ETF raised CAD 90 million ($65 million) in just two days, a pattern of early investor enthusiasm that XRPQ appears to be repeating. The fund offers exposure to XRP without requiring direct token purchases, making it a practical entry point for traditional investors. Canadian residents can access it through standard brokerage accounts, while international investors may also participate depending on jurisdictional rules. With Ripple’s strategic involvement and strong early uptake, XRPQ may set a precedent for altcoin ETFs beyond Bitcoin and Ethereum. Attention now turns to the US, where more than 10 XRP ETF applications are pending before the SEC. Decisions are expected later in 2025, with approval potentially opening the door to broader global access and institutional participation in XRP markets. XRP ETF Approval Odds Jump to 95% As reported, Bloomberg analysts now place the odds of an XRP spot ETF approval at 95% , fueling renewed speculation around institutional capital inflows and a potential shift in crypto market dynamics. The SEC has already acknowledged XRP’s 19b-4 filings, with a final decision expected by October 17, 2025. On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings. The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them. In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury. The post 3iQ’s XRP ETF Hits $17M AUM in 72 Hours, Signals Rising Institutional Demand appeared first on Cryptonews .