XRP ETF Approved for Toronto Stock Exchange Launch
The XRP ETF has received final approval from Canadian regulators, and Purpose Investments is now set to launch the first XRP exchange-traded fund on the Toronto Stock Exchange on June 18th. This XRP ETF marks a significant milestone for cryptocurrency access in Canada, offering investors regulated exposure to Ripple’s coin without the direct ownership complexities that many face. The approval addresses market volatility concerns through an institutional-grade investment structure. Purpose Investments XRP announcement – Source: Purpose Investments Also Read: Ripple: XRP ETF Approval Odds Hit All-Time High of 98% Explore How The New XRP ETF On Toronto Stock Exchange Eases Cryptocurrency Access Source: Cryptodnes XRP ETF Launch Details and Timeline Exerpt from Purpose ETF Report Purpose Investments has received final prospectus receipt from the Ontario Securities Commission, which enables the Purpose XRP fund to begin trading on Wednesday, June 18, 2025, under ticker XRPP . Th...