The first spot XRP ETF in North America, launched by Purpose Investments, is set to begin trading on the Toronto Stock Exchange on June 18, 2025, under the ticker XRPP. The fund has received final approval from the Ontario Securities Commission and will offer direct exposure to XRP through CAD-hedged (XRPP), CAD non-hedged (XRPP.B), and USD (XRPP.U) units. It’s eligible for registered accounts like TFSAs and RRSPs. Evolve Funds Group also announced plans for an XRP ETF to trade under XRP and XRP.U, expected to debut the same day, pending TSX approval. XRP’s price rose nearly 7% following the news, reflecting market optimism.

The launch of the first XRP ETF on the Toronto Stock Exchange on June 18, 2025, carries significant implications for the cryptocurrency market, XRP’s adoption, and investor sentiment. The ETF, offered by Purpose Investments (and potentially Evolve Funds Group), allows investors to gain exposure to XRP without directly holding the cryptocurrency. This is particularly significant for institutional and retail investors who prefer traditional financial instruments or lack the technical know-how to manage crypto wallets.

Eligibility for registered accounts like TFSAs and RRSPs in Canada broadens the investor base, potentially driving demand for XRP. The ETF’s structure (CAD-hedged, CAD non-hedged, and USD units) caters to diverse investor preferences, enhancing accessibility. XRP’s price surged nearly 7% following the ETF announcement, indicating immediate market enthusiasm. The ETF could sustain upward pressure on XRP’s price by increasing demand, especially if institutional capital flows in.

The ETF may reduce volatility over time by integrating XRP into regulated markets, as it provides a more stable investment vehicle compared to direct crypto trading. Approval by the Ontario Securities Commission signals growing regulatory acceptance of XRP in Canada, despite ongoing debates about its classification (security vs. non-security) elsewhere, notably in the U.S. with the SEC v. Ripple lawsuit.

This could set a precedent for other jurisdictions, particularly in North America, to consider XRP-based financial products, potentially influencing global crypto ETF trends. The ETF strengthens Ripple’s narrative of XRP as a utility-driven cryptocurrency for cross-border payments. Increased investor interest could accelerate adoption by financial institutions, aligning with Ripple’s mission. It may enhance Ripple’s position in its legal battle with the SEC by showcasing international confidence in XRP’s legitimacy.

The XRP ETF follows the success of Bitcoin and Ethereum ETFs in Canada and elsewhere, positioning XRP as a competitive altcoin in the investment space. It could pave the way for other altcoin ETFs, intensifying competition among cryptocurrencies. Canada vs. U.S.: Canada’s approval of an XRP ETF contrasts sharply with the U.S., where the SEC’s lawsuit against Ripple (ongoing since 2020) alleges XRP is an unregistered security. This regulatory divergence highlights a split in how jurisdictions view XRP, with Canada treating it as a legitimate asset for investment products, while the U.S. remains restrictive.

The ETF could widen this divide by attracting global capital to Canada, potentially pressuring U.S. regulators to clarify their stance or risk losing market share to more crypto-friendly jurisdictions. Ripple’s supporters, often vocal on platforms like X, view the ETF as a bullish signal, validating XRP’s utility and long-term potential. Posts on X highlight excitement, with some predicting significant price increases (e.g., “XRP to $10”).

Some investors remain cautious due to XRP’s centralized nature (Ripple controls a significant portion of the supply) and the unresolved SEC lawsuit. Others question the ETF’s impact, citing competition from Bitcoin and Ethereum ETFs or potential market saturation. Institutional investors may embrace the ETF as a low-risk entry into XRP, especially through regulated accounts. This could contrast with retail investors, who may prefer direct XRP purchases on exchanges for higher risk-reward potential or to avoid ETF fees.

The ETF could bridge this divide by offering a middle ground, but it may also deepen it if retail investors feel priced out of traditional markets or distrust institutional involvement. Within the broader crypto community, XRP has long been polarizing. Supporters argue it’s a revolutionary payment protocol, while detractors criticize Ripple’s control and question XRP’s decentralization. The ETF may amplify these debates, with pro-XRP factions celebrating and others dismissing it as a niche product.

The ETF could attract significant capital inflows, especially if paired with positive developments in Ripple’s SEC case (e.g., a favorable ruling or settlement). However, if the U.S. maintains its hardline stance, it could limit XRP’s global ETF expansion. Success in Canada may encourage other crypto-friendly regions (e.g., Europe, Australia) to launch XRP ETFs, further legitimizing the asset. Conversely, regulatory crackdowns elsewhere could temper enthusiasm.

On X, sentiment is mixed but leans bullish, with some users predicting XRP could outperform other altcoins due to the ETF. Others caution that macroeconomic factors or regulatory hurdles could mute the impact. The XRP ETF’s debut on the Toronto Stock Exchange marks a pivotal moment for XRP, enhancing its accessibility, legitimacy, and market potential. However, it also underscores divides in regulatory approaches, investor sentiment, and community perceptions.

While Canada’s move signals progress, the U.S.’s regulatory stance and ongoing debates within the crypto space will shape XRP’s trajectory. Monitoring price movements, capital inflows, and further ETF approvals globally will be key to understanding its long-term impact.

This week the cryptocurrency market unravelled almost overnight, caught midway between rising Middle East hostility and a raw public spat between two of its most famous backers. Traders were jolted when nearly $1.2 billion in long positions evaporated as volatility spiked.

Congress, however, refused to flinch. In a rare display of cross-aisle momentum, a coalition of Democrats and Republicans pushed the Digital Asset Market Clarity Act—one bill that finally tries to pin down the gray zone between a currency and a security. Lobbyists now expect at least a committee mark-up by early December.

While Washington haggles, some investors have decided that waiting for calm is overrated. A deflationary newcomer known as Angry Pepe Fork is luring late-night buyers with sky-high staking yields that flirt with 10,000% APY, and it’s CommunityFi framework let’s holders start earning within hours of their deposit. A handful of hedge funds already describe the token as a high-risk, high-beta hedge on mainstream renewal.

Bitcoin Threatens Five-Digit Territory as Markets Collapse

Bitcoin itself slipped 4% in ugly candles that took it to $100,500 and threatened to thrust it back into five-digit territory for the first time in weeks.

The Trump-Musk Catalyst

The spark was simple enough: Musk, for the second time this month, blasted Trump’s so-called Big Beautiful Bill as a “disgusting abomination,” to which Trump retorted with threats to yank federal contracts from any firm dabbling in disloyal chatter.

Exchanges lit up almost instantly, and Slack rooms of quantitative desks buzzed with orders to trim delta before liquidity vanished. For investors hoarding options, the brief chaos offered a textbook Gamma scalp that padded PnLs by Monday morning.

Political Crypto Holdings Reveal Market Paradox

A financial filing attributed to Donald Trump claims he netted $57.3 million from token placements linked to World Liberty Financial and still controls at least $1 million in ether. Such disclosures underscore how public officials are diversifying into digital assets even as their squabbles send prices swinging.

Middle East Tensions Amplify Crypto Selloff

Fresh hostilities in the Middle East injected new stress into global markets almost overnight. Israeli bombardments meant to cripple Iran’s alleged nuclear sites sent the aggregated value of all cryptocurrencies tumbling 7% to about $3.3 trillion, with Bitcoin sliding roughly 5% to $103,464.

Liquidation Tsunami Sweeps Exchanges

Exchange records kept by CoinGlass reveal that forced liquidations surged 125% in 24 hours, reaching a staggering $1.2 billion. Ethereum was knocked down 10% to $2,471, while Solana retraced 11% as jittery traders moved toward traditional havens.

Anxieties rippled beyond crypto when oil futures jumped almost 9% on Friday, pushing West Texas Intermediate crude toward the $74-per-barrel mark and reviving inflation fears that had only just begun to subside.

Congressional Breakthrough: CLARITY Act Advances

In the midst of such turbulence, lawmakers in Washington advanced legislation that could reshape the digital-asset landscape. The CLARITY Act is now scheduled for a full markup before the House Financial Services Committee, with a hearing date targeted for June 10.

Regulatory Framework Revolution

The new 236-page Clarity Act places most digital assets squarely under the Commodity Futures Trading Commission’s watch rather than the Securities and Exchange Commission’s tougher regime. A remarkable bipartisan coalition—three Democrats included—has signed on as co-sponsors, signaling broad political momentum.

In the upper chamber a complementary stablecoin bill is nearing final passage. Senator Ruben Gallego predicts a lopsided vote that could free up institutional dollars now sitting on the sidelines out of sheer regulatory uncertainty.

Angry Pepe Fork: Meme Culture Meets Serious DeFi

Away from Beltway headlines cryptocurrency markets are still feeling the weight of macroeconomic pressure. Enter the presale of Angry Pepe Fork, a project combining meme-culture flair with serious DeFi mechanics, priced right now at $0.0269 and already sparking chatter among risk-loving investors.

Sky-High Staking Yields and Supply Discipline

Early participants can stake their allocation during the sale for eye-popping annual yields of over 10,000%.

Supply discipline is baked in as well—1.9 billion tokens total, with a burning protocol meant to sustain upward price momentum.

Cross-chain availability on Ethereum, BNB Chain, and Solana maximizes the project’s reach.

CommunityFi: Activity-Based Income Revolution

Perhaps the most distinctive feature lies in its CommunityFi experiment: users earn rewards for tweeting, blogging, and otherwise promoting the protocol instead of simply parking coins in a wallet. That activity-based income stream cushions holders when broader markets slump.

GambleFi Integration

Shortly after the initial launch, the interface incorporates a set of on-chain mini-games in which participants stake $APORK tokens. Victors are rewarded on the spot, and a fixed proportion of the staked tokens is burnt, ensuring that the overall supply steadily contracts and every existing holder quietly benefits from the continuous deflationary force.

Presale Momentum Building

A staggered bonus schedule sweetens early participation: those who invest at least $50 earn 5% extra, while purchases of $150, $250, and $500 push the rewards up to 10, 15, and 20% respectively. The bracketed tiers create a built-in incentive for retail backers to commit larger sums sooner rather than later.

Market Outlook: Opportunity in Crisis

Angry Pepe Fork pairs instant-on staking rewards with a design that deliberately shreds supply while also opening several parallel earning channels. That combination gives it an edge over older blockchains now leaking capital amid regulatory headwinds. Members of Congress who once hesitated are drafting bills that lean crypto-friendly, meaning platforms with demonstrable utility and engaged user bases could be first in line for incoming institutional dollars.

The current presale is the rare window that lets new investors board before wide exchange listings and general mainstream attention. History shows that entering at this stage often delivers the richest returns in the cryptocurrency world.

Learn more about the $APORK here: Visit Angry Pepe Fork