Solana and XRP ETFs Break Records in Canada, Surpass C$450M AUM

• The Solana-focused SOLQ has surpassed C$300 million in assets under management (AUM), while the XRP-focused XRPQ has topped C$150 million
• Both ETFs benefited from early support, including a lead investment from SkyBridge Capital and ARK Invest backing for SOLQ
• Management fees are being waived for both funds, until April 2026 for SOLQ and during its first six months for XRPQ

Canada’s newest altcoin ETFs are setting benchmarks. The Solana-focused SOLQ has surpassed C$300 million in assets under management (AUM), while the XRP-focused XRPQ has topped C$150 million. Together, they now account for the largest regulated altcoin ETFs in the country.

Both ETFs launched this year, with SOLQ in April and XRPQ in June. Each benefited from early support, including a lead investment from SkyBridge Capital and ARK Invest backing for SOLQ.

Notably, management fees are being waived for both funds – until April 2026 for SOLQ and during the first six months for XRPQ. Ripple is also reported to be an early investor in XRPQ. 

All of this shows that more and more big companies and users want an easy and official way to invest in Solana and XRP.

Related: SOL Strategies …

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