HashKey Capital has introduced Asia's first XRP Tracker Fund aimed at improving investor access to the digital asset XRP, supported by Ripple.
Overview of the XRP Tracker Fund
The XRP Tracker Fund aims to replicate the performance of XRP, known for its ability to facilitate cheap and fast international transactions. This creates new opportunities for professional investors within the integration of traditional finance and Web3.
Opportunities for Investors
The fund offers monthly subscriptions and redemptions, with options for cash or in-kind investments. It is benchmarked against CF Benchmark, known for ETF products in the US and Asia-Pacific.
Partnership Between HashKey Capital and Ripple
The launch of the fund marks the beginning of collaboration between HashKey Capital and Ripple, focusing on developing new investment products in cross-border transactions, DeFi, and enterprise blockchain. This partnership could attract more institutional investors to XRP.
The launch of the XRP Tracker Fund by HashKey Capital represents a significant step forward in making investments in XRP more accessible, opening new opportunities for professional investors and fostering increased institutional interest.
