ChainCatcher News, Purpose Investments Inc.'s Purpose XRP ETF has received approval from the Ontario Securities Commission (OSC) for the Purpose XRP ETF prospectus receipt. The ETF is expected to begin trading on the Toronto Stock Exchange on June 18, under the ticker symbol XRPP. This ETF provides direct exposure to spot XRP.

Following this approval, Purpose will continue to broaden investors' access to digital assets through regulated and transparent investment vehicles.