XRP Makes History: Canada’s First Spot XRP ETF Launches on Toronto Stock Exchange
In a landmark move for the cryptocurrency industry, Purpose Investments has launched Canada's first spot XRP ETF (XRPP) on the Toronto Stock Exchange. This groundbreaking financial product offers investors three trading variants with a competitive management fee capped at 0.89%. The ETF provides tax-advantaged exposure to XRP through registered accounts such as TFSAs and RRSPs, eliminating the need for direct cryptocurrency custody. Vlad Tasevski of Purpose Investments hailed the OSC-approved product as a significant milestone in regulated digital asset access. This development marks a major step forward in institutional cryptocurrency adoption and could potentially influence XRP's future valuation as it gains broader exposure through traditional investment channels. The launch comes at a time when regulatory clarity around digital assets is increasing, potentially paving the way for similar products in other jurisdictions. This ETF not only provides easier access to XRP for Canadian investors but also adds legitimacy to the cryptocurrency as an investable asset class.
Canada’s First Spot XRP ETF Launches on Toronto Stock Exchange
Purpose Investments has debuted Canada's inaugural spot XRP ETF (XRPP) on the Toronto Stock Exchange, offering three trading variants with a capped 0.89% management fee. The fund enables tax-advantaged exposure through registered accounts like TFSAs and RRSPs, bypassing direct crypto custody requirements.
Vlad Tasevski of Purpose framed the OSC-approved product as a milestone in regulated digital asset access. Investors must utilize TSX-connected brokerage platforms for participation, signaling institutional infrastructure maturation for altcoins beyond Bitcoin and Ethereum.
XRP Mining Platform Promises High Returns Through Cloud Mining
As the cryptocurrency market continues to evolve in 2025, investors are increasingly drawn to low-risk, high-yield opportunities. Traditional mining methods face rising barriers, including equipment costs and electricity expenses, prompting a shift toward cloud mining solutions. XRP Mining, a mobile cloud smart mining platform, claims to offer users a seamless way to earn up to $59,000 daily without the need for physical hardware or technical expertise.
The platform leverages centralized mining farms and strategic partnerships with industry leaders like Bitmain to optimize computing power and reduce operational costs. By deploying green energy-powered mining bases globally, XRP Mining ensures 24/7 operations and stable daily payouts through AI-driven profit distribution mechanisms.
Investors can participate with zero upfront costs—no mining machines or technical knowledge required. The model capitalizes on economies of scale, offering lower electricity rates and higher efficiency compared to individual retail mining. However, skepticism remains around the sustainability of such high returns in the volatile crypto landscape.
Canada Pioneers North America's First XRP Spot ETF on TSX
3iQ Corp. makes history with the launch of XRPQ, North America's first spot XRP exchange-traded fund, now trading on the Toronto Stock Exchange. The fund offers direct exposure to XRP—the fourth-largest cryptocurrency by market cap—with assets held in cold storage and a six-month 0% management fee promotion.
Ripple Labs, deeply entrenched in institutional adoption efforts, participated as an early investor. While the ETF debut marks a milestone for crypto accessibility, XRP's price remains stagnant at $2.13. Market observers suggest Ripple's ongoing U.S. legal proceedings may be creating a buying opportunity amidst delayed bullish momentum.
XRP ETF Approval Decision Expected by September
The U.S. Securities and Exchange Commission has initiated a formal review process for the proposed Franklin XRP ETF, with a final decision expected by September 9, 2025. The ETF, filed by Cboe BZX Exchange, WOULD track the CF Benchmark CME XRP-Dollar Index and hold physical XRP through Coinbase Custody Trust.
Regulators are scrutinizing whether the product meets investor protection standards and can mitigate market manipulation risks. The outcome could set a precedent for crypto-based financial instruments beyond Bitcoin.
Ripple’s XRP Surges as Active Addresses Triple, Fueling Bullish Predictions
XRP network activity has skyrocketed, with daily active addresses surging from 35,200 to 109,540—a threefold increase that marks the highest engagement since March. The altcoin’s weekly performance remains firmly in the green, currently trading at $2.31 after a 3.4% gain.
Technical analysts highlight a decisive breakout above a descending trendline, with consolidation above $2.30 potentially propelling XRP toward $2.65. Dark Defender, a prominent crypto analyst, suggests that breaching the $2.40 resistance could trigger a rally to $5.85 if the RSI turns bullish.
Market sentiment is further buoyed by speculation around a spot XRP ETF, with Polymarket odds reflecting an 87% probability. Such a development could unlock billions in institutional capital, amplifying XRP’s upward momentum.
Ripple CEO Hails 'Historic Moment' as US Senate Passes GENIUS Stablecoin Bill
The U.S. Senate has passed the GENIUS Act with bipartisan support, marking a watershed moment for cryptocurrency regulation. The bill establishes federal standards for stablecoin issuers, addressing collateralization and anti-money laundering compliance. Ripple CEO Brad Garlinghouse called the development "a truly historic moment" for the industry.
Senator Bill Hagerty, the bill's sponsor, emphasized its potential to cement U.S. leadership in crypto: "This framework will protect consumers while driving demand for U.S. Treasurys." The legislation now moves to the House of Representatives for final approval before reaching President Trump's desk.
The GENIUS Act represents the first major crypto legislation to clear the Senate, offering long-awaited regulatory clarity for stablecoins. Market participants view this as a critical step toward mainstream adoption of digital assets.
