Summary
- The XRP spot ETF is scheduled to be listed on the Toronto Stock Exchange in Canada on the 18th.
- The ETF directly invests in XRP and is offered in three types.
- Following this news, XRP surged by 6.40% and was trading at $2.29.
The XRP spot Exchange-Traded Fund (ETF) is expected to launch in Canada ahead of the United States.
According to WuBlockchain on the 16th (local time), Canadian asset management firm Purpose Investments has received final approval from Canadian securities authorities and plans to list 'Purpose XRP ETF (XRPP)' on the Toronto Stock Exchange on the 18th.
This ETF directly invests in physical XRP and will be available in three types: ▲XRPP (CAD currency-hedged) ▲XRPP.B (CAD non-hedged) ▲XRPP.U (USD-based).
Meanwhile, following this news, as of 6:57 AM (KST) on the 17th, XRP was trading at $2.29 on CoinMarketCap, up 6.40% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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