Canada ETFs Launch Tomorrow — XRP Whale Wallets Hit 2,700‑Record Before U.S. Crypto Clarity
- Samantha
- Jun 17
- 2 min read
In a seismic shift for the crypto landscape, XRP is poised to take center stage as Canada gears up to launch the first-ever spot XRP ETF on June 18, 2025, a historic milestone that is already sending shockwaves through global markets. As institutional doors swing wide open in the north, XRP whale wallets have soared to a record-breaking 2,700+, igniting speculation that a massive price surge and global adoption wave may be imminent.
Canada Goes All-In on XRP
With tickers XRPP, XRPP.B, and XRPP.U, the Purpose XRP ETF will officially trade on the Toronto Stock Exchange, giving Canadian investors—from retail to institutions—direct exposure to XRP in registered accounts like RRSPs and TFSAs. This move cements Canada’s reputation as a regulatory trailblazer, boldly stepping where U.S. regulators still hesitate. By embracing XRP through a formal ETF, Canada is doing more than opening floodgates—it’s laying the foundation for global legitimacy and a crypto-financial reset.
“This isn’t just about XRP. It’s about the future of cross-border finance, and Canada just fired the starting gun,” said a senior analyst at Bitget.
Whale Watch: Institutions Are Here
Simultaneously, XRP’s on-chain data is flashing green across the board. Over 2,700 wallets now hold at least 1 million XRP, an all-time high in XRP’s 12-year history. These whales are not just casual participants—they’re institutional giants and strategic players betting big ahead of anticipated regulatory shifts. Daily active addresses have also exploded to over 295,000, a sevenfold jump from recent months.
This kind of activity signals one thing: smart money is accumulating—and they know something big is coming.
Price Breakout Incoming?
Markets are already responding. XRP recently broke past the $2.30 resistance level, and technical analysts are now eyeing a run toward $3.00+, powered by a classic bull pennant formation. With rising volumes and bullish momentum, XRP could be on the verge of its most explosive move since the 2017 rally.
Is the U.S. Next?
While the SEC remains gridlocked in legal back-and-forth with Ripple, pressure is mounting. The Polymarket prediction platform is showing 88% odds that the U.S. will approve a spot XRP ETF before year’s end—a signal that institutional insiders may already be preparing for a green light.
“Once the U.S. joins the XRP ETF wave, it’s game over. We’re looking at a total market revaluation,” said a crypto hedge fund manager in New York.
The Bigger Picture
This week marks more than just a product launch or a price rally—it signals a paradigm shift. Between regulatory breakthroughs, historical whale accumulation, explosive technical setups, and global investor appetite, XRP is no longer just a token—it’s rapidly becoming the backbone of tomorrow’s cross-border finance.
If you’re still on the sidelines, now may be the last quiet moment before XRP goes fully parabolic.
