Purpose Investments Seeks Approval for Canada’s First XRP ETF

Quick Summary:

Purpose Investments, a Canadian asset management firm, has filed a draft proposal for the world’s first exchange-traded product based on the spot value of Ripple (XRP).

Following its role as the leader behind the first Bitcoin and Ether ETFs, Purpose Investments is now seeking to break new ground in the Ripple market.

The company has […]

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets: IndiaCanadaUnited States

Topics: XRP ETFs Market ETFs News Ripple (XRP) News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 15:00:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 144 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 25696459

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #124

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