Canada to get its first leveraged crypto ETFs as Evolve Funds files prospectus: report

Canada’s ETF market may soon feature leveraged crypto funds as Evolve Funds moves to launch new Bitcoin and Ethereum products. For quite some time, Canada‘s crypto exchange-traded fund scene has been losing investors to the U.S. as lower fees, higher trading volumes, and the launch of spot Bitcoin ETFs in the U.S. have drawn capital […]
Purpose files preliminary prospectus for spot XRP ETF

Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term exposure to XRP (XRP) and an opportunity to benefit from the asset’s capital appreciation, according […]