$BTC Get ready, cryptocurrency enthusiasts in Canada! A significant development is about to occur on the Toronto Stock Exchange (TSX), potentially opening a new avenue for traditional investors seeking exposure to the world of digital assets. We are talking about the imminent launch of the first XRP ETF in Canada, brought by a well-known name in the Canadian investment landscape: Purpose Investments.

This news, initially reported by Wu Blockchain, marks a crucial moment for the XRP community and the Canadian cryptocurrency market as a whole. After receiving final regulatory approval, Purpose Investments is ready to list an Exchange-Traded Fund (ETF) that will directly hold XRP, offering a regulated and potentially more accessible way to invest in XRP compared to navigating cryptocurrency exchanges.