Purpose Investments announces submission of preliminary prospectus for Ripple ETF to Canadian securities regulatory agency

On February 3rd, according to Globe Newswire, Purpose Investments Inc. announced that it has submitted a preliminary prospectus for the Ripple ETF to the Canadian securities regulatory agency. The Purpose Ripple ETF aims to invest the majority of its assets in long-term holdings of Ripple ("XRP") and provide long-term capital appreciation opportunities for ETF stockholders.