HashKey Capital has introduced the HashKey XRP Tracker Fund, marking Asia’s inaugural institutional-grade fund dedicated to tracking XRP’s performance. The fund is now accessible to professional investors, with Ripple participating as an early backer.
Growing Institutional Demand for XRP
HashKey highlights XRP’s advantages in cross-border payments—speed, cost efficiency, and scalability—aligning with their mission to bridge traditional finance and digital assets. Key features of the fund:
- Accepts cash or in-kind subscriptions.
- Monthly redemption/share subscription windows.
- Benchmarked by CF Benchmarks, a leader in global ETF markets.
"XRP is a cornerstone of crypto innovation, enabling enterprises to transact and tokenize value. Our fund simplifies institutional access to top-tier digital assets," — Vivien Wong, Partner at HashKey Capital.
Ripple’s Strategic Moves
- Acquired Hidden Road (a prime brokerage platform) for $1.25 billion, one of crypto’s largest deals.
- Secured a FINRA broker-dealer license for Hidden Road, expanding regulatory compliance.
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Market Trends and Analyst Predictions
Standard Chartered forecasts XRP could outperform Ethereum by 2028, driven by:
- Rising demand for efficient cross-border payments.
- Parallel growth in stablecoin adoption (50% annual increase).
"XRPL’s use case mirrors stablecoins, positioning it for 10x transaction growth in four years," — Geoff Kendrick, Standard Chartered’s Head of Digital Assets Research.
ETF Developments
- Teucrium approved for the first leveraged XRP ETF (XXRP) in the U.S.
- Grayscale and 21Shares awaiting SEC decisions on spot XRP ETFs, with deadlines in October 2025.
Legal Progress and Market Sentiment
Despite XRP’s 20% price dip last month, institutional confidence stays strong. Ripple and the SEC negotiated a 60-day pause in litigation, signaling potential settlement progress.
FAQ Section
Q: Who can invest in the HashKey XRP Tracker Fund?
A: Only professional investors (e.g., institutions, accredited individuals).
Q: How does XRP compare to stablecoins?
A: Both facilitate cross-border payments, but XRP operates without centralized backing.
Q: When will spot XRP ETFs launch?
A: Pending SEC approval; final decisions expected by October 2025.
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