A new Form S-20 filing allows eligible US investors to trade Canadian-listed XRP ETF options, providing a regulated alternative to CME futures for hedging and speculative strategies.
US investors gain regulated access to XRP options via Canadian ETFs, increasing XRP's market accessibility and potential demand.
US investors can now trade options on Evolve and Purpose XRP ETFs through the Montréal Exchange following a Form S-20 filing. This development marks the first regulated spot XRP options market available to US participants, expanding hedging and income-generating capabilities beyond existing CME futures.
Eligible US investors must maintain a brokerage account that provides access to the Montréal Exchange and meet standard options trading requirements, such as margin approval.