Date: 2025-04-18
Hong Kong-based crypto investment firm HashKey Capital has announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future.According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance of XRP.”Furthermore, XRP developer Ripple will serve as the fund’s anchor investor, seeding the initial investment. In a separate X post, HashKey Capital said the fund aims to bring “more institutional capital into regulated XRP products and the broader digital asset ecosystem.”Close collaboration with RippleIn another X post, HashKey Capital explained that the fund marks the beginning of a closer...
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