Canada Leads the Way in XRP ETF Innovation
Canada has officially launched the world’s first physical XRP ETFs, marking a critical advancement in cryptocurrency investment accessibility. On June 18, 2025, Purpose Investments and 3iQ debuted their XRP exchange-traded funds on Canadian stock exchanges. This development positions Canada ahead of the United States in regulatory approval of digital asset investment vehicles.
Direct XRP Exposure with Institutional-Grade Custody
Both ETFs provide direct exposure to physical XRP, rather than relying on derivatives. The assets are securely stored using cold storage custody solutions managed by Gemini and Coinbase, ensuring institutional-level protection for investors.
Fee Waivers and Flexible Currency Options
To attract early adopters, both fund managers have implemented initial fee waivers. Notably, Purpose Investments will waive its management fee for nearly eight months post-launch. The Purpose XRP ETF offers multiple currency options, including CAD-hedged, CAD non-hedged, and USD units, making it accessible to a broader range of investors.
Eligible for Canadian Tax-Advantaged Accounts
One of the most attractive features is eligibility for Canadian tax-advantaged accounts, including Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs). This integration allows investors to gain XRP exposure while optimizing their tax strategies.
A Global Benchmark for Crypto Regulation
The launch sends a strong signal to global markets that Canada is taking a forward-thinking approach to crypto regulation. While the U.S. remains hesitant to approve similar spot XRP ETFs, Canada’s move may accelerate international momentum toward regulated digital asset products.
Conclusion: A New Era for XRP Investment
By bridging traditional finance with cutting-edge crypto, these ETFs open the door for mainstream XRP investment in a fully compliant framework. With institutional backing, flexible options, and tax advantages, Canada’s XRP ETFs could serve as a model for future global adoption.
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This article was created with AI assistance and curated by DNIR Staff for accuracy and editorial standards.
