Best Crypto to Buy Now as Canada Spot XRP ETF Unlocks New Capital Inflows

Canadian regulators opened the door for two new XRP exchange-traded funds, granting final approval on June 16 and kicking off trading on the Toronto Stock Exchange on Wednesday, June 18.

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By bringing XRP into registered accounts like TFSAs and RRSPs, this move raises many questions about the role Canada will play in the regulated crypto market and how it opens up a path for everyday investors to access digital assets without having to manage them directly.

As institutional interest swells and traditional finance embraces blockchain-based offerings, the broader market looks to the best crypto to buy now, leveraging this surge in regulated access as a bellwether for altcoin momentum.

Two XRP ETFs Launch in Canada, Expanding Crypto Access for Investors

Two new exchange-traded funds (ETFs) based on cryptocurrency XRP are coming to the Toronto Stock Exchange this week. The action is a sign of increasing acceptance of digital assets in mainstream finance and provides investors with new exposure options.

Asset manager Evolve Funds Group announced on June 16th that it received final approval to list its Evolve XRP ETF. Trading is expected to start Wednesday, June 18th, under the symbols XRP (CAD) and XRP.U (USD).

The fund will directly hold XRP bought through trusted platforms like Coinbase. Its value will track a widely used benchmark rate. Evolve highlights XRP’s design for fast, low-cost international payments.

Not to be outdone, Purpose Investments announced the same day that it also received final approval for its Purpose XRP ETF. This fund, listed under XRPP, will debut Wednesday as well. It will be available in Canadian dollars (hedged and unhedged) and US dollars.

Purpose, the company that brought about the world’s first spot Bitcoin ETF in 2021, highlighted that this approval bolsters Canada’s position as a leader in regulated crypto investment products. Investors may hold XRPP in shared registered accounts such as TFSAs and RRSPs.

These launches underscore a distinction: Canada provides a clearer path for spot crypto ETFs than the US, where regulators have proceeded with more caution. Both ETFs expose the investor to XRP without obliging him or her to work directly with digital wallets, making it easier to access through normal brokerage accounts.

The news gave XRP a boost, with its price jumping nearly 7% shortly after the announcements, outpacing Bitcoin. Market watchers see this as investor optimism about easier, regulated entry points for one of the world’s most actively traded cryptocurrencies. It marks another step toward integrating digital assets into mainstream investment portfolios.

XRP Price Analysis

The XRP price is currently hovering around $2, with a market capitalization of approximately $127 billion. According to a one-day technical analysis of XRP, the support level is around $2.15, and the resistance level is around $2.28. Since early June, XRP has climbed from roughly $2.10 to a local high near $2.30 between June 9 and 11, indicating bullish momentum.

Afterward, the price retraced toward $2.15 before bouncing, suggesting profit-taking at the highs. The highs from June 9–11, around $2.28–$2.30, represent a supply zone. Multiple attempts to breach that zone have been rejected, with long upper wicks marking it as a pivot point for sellers. The red candle on June 17 further confirms another rejection below resistance, but the close around $2.16 suggests consolidation between the two levels.

Traders should watch for a potential setup: a break above $2.28 on strong volume could signal a continuation of the uptrend, while a break below $2.15 could invite further weakness.

“XRP whales are breaking records,” according to crypto analysis team, CoinBureau, that recently tweeted that 2.7K wallets hold 1 million of XRP each. This could signal more whales to join up, pushing the XRP price to new highs.

Best Crypto to Buy Now

With Canada leading the charge on regulated XRP access, investors now have more confidence in entering the digital asset space through trusted channels. This shift could spark renewed capital flows, making XRP one of the best cryptos to buy now.

SUBBD

With Canada’s XRP ETFs launching on June 18, SUBBD’s utility token is set to capitalize on the growth, despite being not directly related to XRP. Built on Web3 and AI, it enables subscriptions, payments, and staking, offering regulated crypto access and boosting creator-fan engagement.

SUBBD is a powerful platform that merges crypto and AI to revolutionize the billion-dollar content industry. It benefits both content creators and users.

Creators are losing 70% of their revenue due to intermediaries who charge hefty fees, taking a significant portion of content creators’ hard-earned money. SUBBD’s advanced technology helps creators earn more and keep more.

With more than 95K followers on X, SUBBD also runs an additional page called SUBBDhoneys, where users can find all the models from this platform. It has garnered a fan following of over 11K.

SUBBD Honeys are the attractive models who often engage with users, and some lucky fans get the opportunity to ask their favorite models burning questions. All of these features are accessible by purchasing $SUBBD tokens, which are the lifeblood of the SUBBD platform.

Recently, SUBBD launched an opportunity to create your own AI Fantasy Girl, with the team assisting in audience growth and monetizing your AI avatar. The first 20 selected applicants will be contacted within 7 business days.

BTC Bull

As XRP becomes more popular in mainstream portfolios, Bitcoin often follows suit in terms of growth. The BTC Bull Token is designed to enhance this trend, providing leveraged exposure to Bitcoin without the complexities of margin trading.

The countdown to the end of the presale has already begun. Only 12 days are left before BTC Bull launches, so don’t miss the chance to join the herd.

BTC Bull features a mascot, the BULL, which is stylish, confident, and ready to crush its competitors. It’s not just an ordinary meme coin; it’s something significant that leverages the power of real Bitcoin.

BTC Bull offers both experienced and new investors an opportunity to invest in Bitcoin, a chance many missed by failing to recognize Bitcoin’s potential at the time. BTC BULL is now opening the gates of redemption.

Powered by a dual mechanism of burn and airdrop, BTC Bull stands out from other meme coins. It’s directly synced with the price of Bitcoin, so as Bitcoin’s value moves, BTC Bull burns tokens and airdrops real Bitcoin when certain milestones are reached.

What makes this even more attractive is that Bitcoin airdrops are directly deposited into the Best Wallet, renowned for its top-tier security. To further enhance trust, both of them undergo rigorous audits by leading firms, Coinsult and SolidProof, ensuring maximum protection for users.

Snorter

Snorter takes advantage of market volatility through algorithmic arbitrage, identifying price discrepancies. As institutional investors move into regulated XRP, Snorter could capitalize on the resulting price fluctuations.

The Aardvark-themed meme coin has surpassed $1 million in its presale, just three weeks after launching. It’s a Solana-native trading bot that allows users to automate trades via Telegram.

Snorter Bot’s technology outperforms other popular Telegram trading bots, such as Maestro and BonkBot. Speed is a key advantage, executing swaps in sub-second timeframes using Solana’s network for near-instant transactions.

Traditional crypto trading can be frustrating with slow interfaces, leaving investors behind as prices surge. Snorter’s system delivers quick results, giving everyday traders a competitive edge over AI-driven systems.

With security at its core, Snorter Bot aims to protect users from the ongoing scam epidemic in crypto. Testing has shown that Snorter has an 85% chance of identifying fraudulent projects.

Crypto YouTuber 99Bitcoins believes that Snorter has the potential to generate returns between 10x and 100x.

The tokenomics plan allocates 20% of the 500 million SNORT supply for community rewards and airdrops. SNORT will also play a key role in governance, with token holders voting on important decisions.

In the coming weeks, Snorter Bot will debut on Solana before expanding to Ethereum, Base, BNB Chain, Polygon, and more. The multi-chain rollout promises ultra-fast trading and strong rug-pull defenses.

Conclusion

Canada’s twin XRP ETF approvals signal more than just new tickers on the TSX; they highlight a maturing regulatory landscape where digital assets can coexist with traditional portfolios. By integrating XRP into registered accounts, Canada sets a blueprint for broader institutional adoption and opens the door for other jurisdictions to follow suit.

As investors seek strategic entry points in this evolving market, focusing on tokens tied to capital inflows and on-chain utility becomes paramount. In this context, the best crypto to buy now aligns with assets positioned to benefit from these channels, where regulatory clarity meets growth potential.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.