According to PANews, Purpose Investments Inc. has announced that its Purpose XRP ETF has received approval from the Ontario Securities Commission for its prospectus receipt. The ETF is expected to begin trading on the Toronto Stock Exchange on June 18 under the ticker symbol XRPP. This ETF offers direct exposure to spot XRP, providing investors with a regulated and transparent investment tool to access digital assets. Following this approval, Purpose aims to expand investor access to digital assets through regulated investment vehicles.