Canada Approves First Spot XRP ETF Launch — Will the U.S. SEC Follow Suit?
In a major milestone for crypto-backed investment products, Canadian asset manager Purpose Investments has received regulatory approval to launch the world’s first spot XRP exchange-traded fund (ETF), signaling increasing institutional appetite for Ripple’s native token and intensifying pressure on U.S. regulators to follow suit. The Purpose XRP ETF is slated to begin trading on the…