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On June 16, CoinWorld reported that Purpose Investments Inc. announced that the Purpose XRP ETF has received approval from the Ontario Securities Commission (OSC) for the receipt of the Purpose XRP ETF prospectus. This ETF is expected to begin trading on the Toronto Stock Exchange on June 18, with the trading code XRPP. The ETF provides direct exposure to Spot XRP. Following this approval, Purpose will continue to expand investors' access to digital assets through regulated and transparent investment vehicles.

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