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XRP Tracker Fund Launched by HashKey

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
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