XRP ETFs Approved in Canada—New Era of Crypto Investment Begins

Two XRP ETFs are set to debut on the Toronto Stock Exchange (TSX) on June 18, marking a major milestone for crypto integration in traditional finance.

Evolve Funds and Purpose Investments have each received final prospectus approvals for their XRP ETFs. Offering investors secure, brokerage-based access to physical XRP without derivatives or currency hedging. Evolve’s fund will trade under tickers XRP and XRP.U, while Purpose’s ETF will trade as XRPP, with multiple currency options. These launches underscore Canada’s crypto-friendly regulatory environment, in contrast to the U.S., where XRP ETFs remain blocked by the SEC.

Clever Robot News Desk 18^th June 2025