Purpose Investments has received final regulatory clearance from the Ontario Securities Commission (OSC) to launch the Purpose XRP ETF on the Toronto Stock Exchange.
The approval enables the ETF to commence trading starting June 18, providing investors with a regulated pathway to gain exposure to XRP. This development marks a significant advancement in integrating digital assets into traditional financial markets.
The regulatory green light reflects growing institutional demand for cryptocurrency investment products and is expected to enhance liquidity and transparency within the digital asset ecosystem. The ETF offers a compliant framework for both retail and institutional participants seeking access to XRP through established market infrastructure.