<ul data-eligibleForWebStory="true"><li>Canada has launched its first spot XRP exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX) through Purpose Investments and 3iQ.</li><li>Purpose Investments introduced XRPP, offering XRP exposure in CAD-hedged, CAD non-hedged (XRPP.B), and USD (XRPP.U) units.</li><li>3iQ launched XRPQ, backed by Ripple and initially featuring zero management fees for six months.</li><li>Both ETFs were approved by the Ontario Securities Commission (OSC) before their release.</li><li>Purpose's XRPP utilizes institutional-grade custody via Gemini and Coinbase, suitable for registered accounts like TFSAs and RRSPs.</li><li>3iQ's XRPQ provides secure cold storage, accessible to Canadian investors in registered accounts, and potentially to international investors based on local regulations.</li><li>XRPQ aims to attract institutional interest with an initial six-month fee waiver, highlighting regulated entry to digital assets by 3iQ CEO Pascal St-Jean.</li></ul>

Canada Debuts First Spot XRP ETFs as Purpose and 3iQ Launch on TSX

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