purposeetf

🚨 Big News: Purpose Investments Gets Green Light for Spot XRP ETF 🚀

In a major milestone for crypto adoption in Canada 🇨🇦, Purpose Investments has officially received regulatory approval to launch a spot XRP ETF! 🎉 The ETF will begin trading on the Toronto Stock Exchange (TSX) on Wednesday, June 18, 2025, under the ticker XRPP 📈.

🔍 What’s This ETF All About?

Unlike futures-based ETFs, this one offers direct exposure to XRP, the cryptocurrency powering RippleNet. That means investors can now access XRP without managing crypto wallets or private keys 🔐—all through a regulated financial product 🏛️.

Three ticker options will be available:

💵 XRPP – CAD‑hedged

💸 XRPP.B – CAD non‑hedged

💲 XRPP.U – USD version

Plus, all are eligible for Canadian registered accounts like RRSPs and TFSAs—making it even more attractive for long-term investors 💼📊.

🌍 Why This Is a Big Deal

First of its kind 🥇: This is one of the world’s first spot XRP ETFs, and it shows how Canada continues to lead in crypto ETF innovation.

XRP Surge 📈: Following the announcement, XRP jumped over 7%, outperforming Bitcoin and other top coins 🔥.

Mainstream Acceptance ✅: With institutional-grade custody and compliance, this ETF paves the way for broader XRP adoption.

🧠 Final Thoughts

This move signals a strong step toward the mainstreaming of digital assets—giving both new and seasoned investors a secure way to gain XRP exposure 📊🔐. As crypto ETFs continue to grow, we could be seeing a new era of accessible and regulated crypto investing 💥#XRP #PurposeETF #CryptoNewss #CanadaCrypto #XRPETF $XRP