$SOL SolanaSurge An XRP ETF in Asia? The Chinese Special Administrative Region (SAR) of Hong Kong is well ahead in the regulatory and institutional adoption of cryptocurrencies. The Hong Kong-based crypto investment firm HashKey Capital has just announced the launch of an XRP ETF, with the intention of converting it into an exchange-traded fund (ETF) in the future.

Key points of this article:

HashKey Capital announced the launch of a fund based on XRP, named HashKey XRP Tracker Fund, marking a significant advancement in Asia in the institutional adoption of cryptocurrencies.

Ripple, the issuer of XRP, has committed to being the main investor, signaling a strategic collaboration to explore various technological applications of blockchains.