The post Asia’s First XRP Tracker Fund Launches as Institutional Crypto Demand Surges appeared on BitcoinEthereumNews.com.

Altcoins In a major milestone for crypto investment in Asia, HashKey Capital has launched the region’s first XRP Tracker Fund, officially debuting on April 18. Backed by Ripple, the company behind the XRP Ledger, the fund aims to simplify institutional exposure to XRP by removing the technical and custody hurdles often tied to direct token ownership. The new product is designed to mirror the performance of XRP, which is widely used for low-cost, high-speed cross-border payments. With growing interest in crypto from traditional financial institutions, the fund arrives at a time when Asia’s investor base is rapidly expanding into digital assets. XRP Tracker Fund Targets Institutional Demand “XRP stands out as one of the most innovative cryptocurrencies, attracting global enterprises for transactions, tokenization, and value storage,” said Vivien Wong, Partner of Liquid Funds at HashKey Capital. “This fund offers an easy on-ramp for institutions looking to invest in top-tier digital assets.” Fiona Murray, Managing Director of APAC at Ripple, emphasized the importance of regulated offerings: “Institutional investors are eager to access compliant products globally, and the XRP Tracker Fund delivers exactly that in the Asia-Pacific region.” Building a Crypto Gateway for Traditional Investors The XRP Tracker Fund is HashKey’s third digital asset tracker, joining its BTC ETF (3008.HK) and ETH ETF (3009.HK) launched with Bosera. Together, these funds aim to create secure, regulated gateways for crypto exposure—particularly appealing to investors who want to avoid the complexities of managing wallets, private keys, or exchange risk. As digital assets edge closer to mainstream acceptance, the XRP Tracker Fund could become a key instrument for crypto-curious institutions in Asia. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like”…

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Filed under: News - @ April 18, 2025 10:28 am