Purpose Investments, which manages $23 billion in assets, has submitted a preliminary prospectus to Canadian securities regulators, planning to launch the world's first Ripple (XRP) spot ETF. https://www.globenewswire.com/news-release/2025/01/30/3018133/0/en/Purpose-Investments-Files-Preliminary-Prospectus-for-the-World-s-First-Ripple-XRP-ETF.html