TechFlow news — On February 1, Purpose Investments announced via Twitter its plan to launch the world's first XRP exchange-traded fund (ETF) and has submitted a preliminary prospectus for a spot XRP ETF. This move could position it ahead of multiple U.S.-based institutions in launching XRP investment products.
Notably, Purpose Investments launched North America's first Bitcoin ETF in 2021. Market observers believe that if approved, this new ETF would offer investors a way to gain exposure to XRP without needing to directly hold the asset.




