The Canadian asset management company Purpose Investments has received final approval from Canadian regulators to list the Purpose XRP ETF on the Toronto Stock Exchange (TSX) on June 18.
This ETF will be structured to invest directly in XRP and will use three trading codes:
+ XRPP (hedged against CAD exchange rate risk)
+ XRPP.B (not hedged against CAD exchange rate risk)
+ XRPP.U (USD standard)