CandleFocus XRP ETF: $23 Billion Canada's Asset Manager Joins Race
2025-01-31
Author: Content Editor
Canadian asset management firm Purpose Investments has filed a preliminary prospectus to launch the Purpose Ripple ETF, the world's first exchange-traded product on spot XRP value. The ETF will invest in XRP and offer investors a transparent and regulated way to access the cryptocurrency. Purpose Investments also offers ETFs on Bitcoin, Ethereum, and other digital assets. The launch of an XRP ETF in Canada could have a significant impact on global crypto adoption. Other cryptocurrencies such as Solana, Litecoin, and Cardano are also expected to launch their own ETFs.
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