#XRPETFIncoming? Purpose Investments submitted the preliminary prospectus to Canadian securities regulators. The filing comes shortly after the firm also applied for the listing of a spot Solana Solana
-4.2%
Solana spot ETF.
Som Seif, chief executive officer of Purpose Investments, noted that XRP’s continued adoption could drive demand for a spot investment product.
“As XRP sees increasing adoption and institutional interest, we believe an ETF can offer investors a transparent and familiar way to access it within a regulated framework,” he noted.