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.



Other News from Today