Asia’s first XRP Tracker Fund debuted on April 17, 2025, with Ripple’s backing, aiming to track XRP’s price and attract institutional investors, as highlighted in posts found on X. This move follows XRP’s recent 5% price jump, spurred by regulatory clarity after the SEC’s softened stance, positioning it as a competitor to Bitcoin ETFs. The fund’s launch in Singapore signals a regional adoption push, but critics question Ripple’s influence, given its ongoing legal baggage, sparking heated debates.
The fund could draw significant capital, with some analysts predicting a $500 million inflow by year-end, though this hinges on market stability amid tariff uncertainties. Social platforms reflect mixed reactions—enthusiasm from XRP holders, skepticism from those wary of centralized control—making this a pivotal moment for XRP’s mainstream acceptance. Ripple’s strategic play could reshape Asia’s crypto landscape if regulatory hurdles are navigated successfully.