Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance…

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How high can XRP price go?

XRP (XRP) has dropped nearly 30% since hitting a seven-year high of $3.39 in January. Still, bullish news—like Ripple’s potential resolution in the SEC lawsuit and a new license in Dubai—has fueled a rebound. As of March 24, XRP was trading for as high as $2.47, up 38% from its year-to-date low of $1.79. XRP/USD…

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