HashKey Capital Launches Asia’s First XRP Tracker Fund
- HashKey Capital has introduced Asia’s first XRP Tracker Fund.
- The fund offers institutional investors exposure to XRP without direct ownership.
- This is HashKey’s third tracker fund, following Bitcoin and Ethereum ETFs.
- Ripple is an anchor investor, providing initial funding for the tracker fund.
- Plans are in motion to convert the tracker fund into an ETF within two years.
HashKey Capital has launched its first XRP Tracker Fund in Asia, aiming to provide institutional-grade exposure with Ripple as a key investor. This marks HashKey’s third tracker initiative after Bitcoin and Ethereum, with plans to evolve it into an ETF.
Source (2.6)https://coingape.com/xrp-news-hashkey-launches-first-xrp-tracker-fund-with-ripples-backing/?rand=24432