XRP Gets TradFi Stamp as TSX Launches First Spot ETF

- Toronto Stock Exchange lists XRP-based Spot ETF - Symbolizing the convergence between cryptocurrency markets and traditional finance [Unblock Media] On June 18, 2025, the Toronto Stock Exchange (TSX) in Canada listed the world's first spot ETF (Exchange-Traded Fund) based on Ripple (XRP). This listing is considered a significant milestone symbolizing the convergence between the cryptocurrency market and traditional finance. The ETF is designed to allow investors to invest in XRP, linked to real-time market prices, without directly holding XRP. This listing, notably taking place in the regulation-friendly environment of Canada, is expected to provide new momentum to global discussions on cryptocurrency ETFs. Financial markets foresee that the listing of the XRP ETF will significantly increase liquidity and attract institutional investors. Following the recent approval of an XRP ETF in the U.S. last month, XRP trading volume increased by over 30% within a month, and its price rose by 18% within a week. Experts believe that this listing could lead to short-term price increases for XRP as well as heightened volatility. Additionally, the acceptance of cryptocurrencies by traditional financial institutions is accelerating. Major global banks like JP Morgan and Goldman Sachs are expanding the integration of cryptocurrencies through tokenized assets and blockchain-based payment systems. Some internet banks are utilizing the XRP network to reduce international remittance fees by over 70%. This listing is interpreted not only as a significant signal for the institutional demand for XRP but also as heralding a shift in the global ETF market landscape, indicating increased demand for major altcoins within regulatory frameworks.