Canada’s First Spot XRP ETF Launches June 18

Asset manager Purpose Investments has received approval to launch North America’s first spot XRP ETF, trading under the ticker XRPP on the Toronto Stock Exchange starting June 18.

Purpose Investments filed the initial prospectus in January.

Similar spot XRP funds exist in Brazil and Switzerland, while U.S. firms like Bitwise and Grayscale are still seeking SEC approval.

Source: The Block