HashKey Capital Launches Asia's First XRP ETF

Date: 2025-04-22 Author: Gabriel Deangelo Categories: BUSINESS
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HashKey Capital has introduced a new exchange-traded fund, HashKey XRP Tracker, which has become Asia's first ETF focused on the XRP cryptocurrency. The company's representatives noted that Ripple, the organization behind the token, has joined the fund's first investors.

The fund will be available exclusively to qualified investors, HashKey Capital emphasized. This approach is due to the desire to ensure professional risk management and compliance with regulatory requirements. According to the company, XRP deserves special attention against the background of other digital assets due to its uniqueness and popularity among international corporations.

The creation of the ETF is aimed at simplifying investing in XRP, including through the ability to deposit funds in both fiat currency and cryptocurrency. HashKey Capital is confident that the new fund will be a convenient tool for expanding exposure to one of the most discussed altcoins on the market.

HashKey XRP Tracker has become the third product in the line of cryptocurrency ETFs from HashKey Capital. Previously, the company has already launched similar funds based on Bitcoin and Ethereum. The new direction indicates a growing interest in institutional investments in digital assets and HashKey's desire to expand opportunities for such investors in Asia.

It is worth noting that interest in XRP continues to grow. According to forecasts by analysts from Standard Chartered, the token's value may increase significantly in the coming years. Experts believe that by the end of this year, the price of XRP can exceed $5.5, and by 2027 reach $10.4. Such estimates further strengthen market participants' confidence in the asset's long-term potential.

Thus, the launch of HashKey Capital's XRP ETF can be seen as a timely move amid growing demand for structured cryptocurrency products among institutional investors.
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