Spot XRP ETF Set to Start Trading in Canada This Week After Regulatory Nod, Token Up 7%

Asset manager Purpose Investments is set to launch a spot XRP XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts.The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18, under the XRPP ticker, according to a Monday press release. The move comes after the Ontario Securities Commission (OSC) granted final prospectus receipt for the investment vehicle, the company said.XRP was up nearly 7% over the past 24 hours following the news, outperforming bitcoin BTC and the broad-market CoinDesk 20 Index source: https://www.coindesk.com/markets/2025/06/16/spot-xrp-etf-set-to-start-trading-in-canada-this-week-after-regulatory-nod-token-up-7