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HashKey Capital has launched Asia’s first regulated XRP Tracker Fund, tracking the price of XRP. It is the firm’s third tracker product, with the potential to evolve into an exchange-traded fund. The fund aims to meet institutional demand for simplified access to digital assets and is benchmarked by CF Benchmarks. Ripple has provided initial capital for the fund. Institutional interest in XRP is growing, with US firms applying for XRP ETFs and the SEC acknowledging these applications.
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