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07/20 08:56

Canada Approves First XRP Spot ETF on Toronto Stoc

Canada Approves First XRP Spot ETF on Toronto Stock Exchange

Purpose Investments will launch Canada’s first spot  XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to  XRP in both CAD and USD.
XRP ETF by Purpose Receives Green Light, Trading Set to Begin June 18
Purpose Investments Inc. has secured final approval from Canadian regulators to launch its Purpose XRP ETF, the country’s first spot ETF offering direct exposure to  XRP, the native token of the  XRP Ledger. Trading for the ETF will begin on Wednesday, June 18, 2025, on the Toronto Stock Exchange under the ticker XRPP.
This ETF marks a milestone in the evolution of digital asset investment in Canada, giving investors a simple and regulated way to gain exposure to XRP, one of the world’s largest cryptocurrencies used primarily for fast, low-cost cross-border transactions.
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