HashKey Capital launched the first XRP-ETF in Asia

HashKey Capital, a cryptocurrency service provider, announced the launch of a new investment instrument — the HashKey XRP Tracker exchange-traded fund. This is the first investment instrument in Asia that tracks the value of XRP.

Ripple became one of the first investors in this fund.

The HashKey XRP Tracker is designed for professional market participants who want to invest in XRP but do not want to face the difficulties associated with direct ownership of the asset.

According to the partners of HashKey Capital, the XRP token stands out among other cryptocurrencies for its innovation and demand among international companies. The fund simplifies access to the asset and opens up opportunities for investors in the digital payments sector.

HashKey XRP Tracker is the third product in HashKey Capital's lineup. Previously, the company already launched ETFs for Bitcoin and Ethereum.