Canada’s First XRP Spot ETF Falls After Launch — U.S. XRP ETF Approvals Could Be Next
Canada’s first spot XRP exchange-traded fund (ETF), the Purpose ripple ETF (XRPP.U), has had a challenging start on the Toronto Stock Exchange (TSX) since its launch on June 18. The ETF, which follows Brazil’s Hashdex ripple ETF as the world’s second spot ripple offering, has trended lower in its initial trading days, mirroring broader XRP…