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Canada enables XRP ETF options trading in US, with major banks cautiously entering the market.

Market News
10 Sep 2026
UToday
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Bullish
Canada enables XRP ETF options trading in US, with major banks cautiously entering the market.

Canada has advanced XRP adoption by allowing options on Canadian XRP ETFs to be traded in the US, following regulatory approval by the Canadian Derivatives Clearing Corporation. This move provides US investors access to XRP volatility through regulated products, while major Canadian banks like National Bank of Canada and Bank of Montreal have begun modest investments in XRP ETFs. The development builds on Canada's pioneering launch of physically backed spot XRP ETFs in 2025 and reflects growing institutional confidence in regulated crypto products. This cross-border expansion could influence US regulatory approaches and broaden XRP's market reach.

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