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June 18, 2025

Canada Launches First Spot XRP ETF: Invest How You Want!

Today marks a significant milestone in the Canadian investment landscape with the launch of the Purpose XRP ETF, Canadaโ€™s first spot XRP exchange-traded fund. This innovative fund has made its debut on the Toronto Stock Exchange, giving investors regulated access to XRP through their traditional investment accounts. Investors can choose from three versions of the ETF: CAD-hedged, CAD non-hedged, and a combined option. This launch opens a new avenue for investors eager to participate in the growing market of cryptocurrencies while providing them with the flexibility to tailor their investments according to their preferences. Keep your eyes on this new ETF as it could reshape the way investors approach cryptocurrency in Canada.

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