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Spot Ripple (XRP) ETFs Are Going Live in North America Today: Details
- Canadian regulators approve two spot XRP ETFs while the US SEC delays decisions on filings.
- 3iQ Corp's XRPQ ETF launches on the Toronto Stock Exchange with a 0% management fee for the first six months.
- XRPQ will invest in long-term XRP holdings from reputable digital asset platforms and OTC counterparties, storing assets in cold storage.
- Purpose Investments introduces the Purpose XRP ETF (XRPP), providing a secure and investable format for XRP's real-world utility.
- The Purpose XRP ETF will also trade on the TSX and aims to cater to Canadian investors seeking transparent access to digital assets.
- 3iQ Corp's President highlights XRP's growth potential and offers a cost-effective way for investors to access the opportunity.
- Purpose Investments' VP of Digital Assets emphasizes the XRP ETF as a simple and secure solution for investors looking for exposure to the digital asset market.
- Canada sees progress with XRP ETFs while the US SEC postpones decisions on ETF filings, including Franklin Templeton's application.
- The US SEC also seeks public comments on CBOE's proposal amidst ongoing delays in the decision-making process.
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