The Purpose XRP ETF has been approved and is set to be listed on the Toronto Stock Exchange on June 18.

According to Mars Finance, Purpose Investments Inc.'s Purpose XRP ETF has received approval from the Ontario Securities Commission (OSC) for the receipt of the prospectus for the Purpose XRP ETF. The ETF is expected to start trading on the Toronto Stock Exchange on June 18, with the trading code XRPP. This ETF provides an opportunity for direct exposure to Spot XRP. Following this approval, Purpose will continue to broaden investors' access to digital assets through regulated and transparent investment vehicles.

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