US Investors Can Now Trade Options on Canadian-Listed XRP ETFs
On September 9, 2026, the Canadian Derivatives Clearing Corporation (CDCC) registered options for the Evolve and Purpose XRP ETFs in the United States under Form S-20. This move allows eligible US investors to trade these options listed on the Montréal Exchange without requiring a new exchange listing. Prior to this registration, U.S. investors had limited access to regulated XRP derivatives beyond CME’s futures and options products tied to the CME CF reference rate. The newly registered ETF options provide exposure directly linked to spot XRP ETFs, which have attracted over $1.70 billion in net inflows since their launch on the Toronto Stock Exchange. The new framework introduces additional considerations for U.S. investors, including CAD currency risk and passive foreign investment company (PFIC) tax rules. Access requires a brokerage with Montréal Exchange capabilities, such as Interactive Brokers.
Topics: Canadian Derivatives Clearing Corporation (CDCC) ETF options Montréal Exchange U.S. investors XRP