Crypto
Canada Allows US Investors to Trade XRP-Linked ETF Options
Canada has opened up options for U.S. investors to trade XRP-linked ETFs, giving them regulated access to XRP derivatives.
This move follows regulatory clarity from U.S. agencies classifying XRP as a digital commodity.
The Evolve and Purpose XRP ETFs are now registered with the Canadian Derivatives Clearing Corporation for U.S. distribution.
U.S. investors can now gain exposure to XRP without directly holding the cryptocurrency, building on Canada's established XRP ETF ecosystem since 2025.
Canadian banks have shown limited holdings of XRP ETFs, signaling broader acceptance of crypto through traditional financial products.