As the market for #cryptocurrency #ETFs expands, Purpose Investments aims to launch the first $XRP ETF in Canada, offering regulated institutional exposure to XRP. Asset manager Purpose Investments submitted a preliminary prospectus to the Canadian SEC on Thursday, following its prior achievements with Bitcoin and Ethereum ETFs.
In addition to offering investors a regulated way to get long-term exposure to $XRP and possible capital gains, the filing aimed to introduce what would become the first #XRP #ETF in history in Canada.
#cryptocurrency #ETFs #XRP #XRP #XRP #ETF