Major note
- Hashi Capital released Asia’s first XRP tracker fund.
- Ripple is an anchor investor for this project.
- If certain conditions are fulfilled, the XRP tracker fund can turn into ETFs.
Ripple Labs Inc., one of the largest digital asset infrastructure firms, is offering early investment seeds for Asia’s leading XRP tracker funds. This is very good news for the fourth largest cryptocurrency, embossed digital asset firm and XRP based on market cap.
As part of its latest investments, the Ripple Hashki tracker fund at the beginning of the Crypto Fund Manager Hash Capital, which was later tagged as a major step in “expanding institutional access to the XRP”. RIPPLE is an anchor investor for this project, which aims to inject institutional capital influx in XRP.
XRP
$ 2.08
24h instability:
0.2%
market cap:
$ 121.62 b
Volume. 24h:
$ 1.43 b
And Crypto Bazaar.
Hash Capital is launching Asia’s first XRP tracker fund – @Ripple As an early investor.
This is a big step to expand the third largest token by market cap, institutional access to XRP.
– Hashi Capital (@Hashkey_Capital) April 18, 2025
Hash Capital unveiled Asia’s first XRP tracker fund
The purpose of this fund is to increase the availability of XRP to more institutional and professional investors. According to Hashi Capital, investors in this fund can track the performance of cryptocurrency by directly reaching “regulated, institutional-grade exposes” without dealing with holding, hanging, or trading XRP.
Before launching XRP tracker funds, the capital firm rolled out other tracker funds for bitcoin
BTC
$ 85 192
24h instability:
0.6%
market cap:
$ 1.69 t
Volume. 24h:
$ 10.74 b
And atherium
ET
$ 1 596
24h instability:
0.4%
market cap:
$ 192.60 b
Volume. 24h:
$ 5.37 B
in Asia. It is expected that the tracker fund may be converted into an XRP ETF in the future, if it saves strong performance in the market and receives necessary approval from regulatory authorities.
Hash Capital’s decision to partner with XRP
The Crypto Fund Manager revealed that it was selected for XRP because it assumes that the Ripple is improving payments and transactions compared to being traditionally received. At the top of it, financial institutions currently use Ripple’s architecture in their operations.
As part of their cooperation, it is expected that both sides will research the cases of more future use of XRP, especially in creating innovative financial products.
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