Odaily Planet Daily News HashKey Capital announced the launch of Asia's first XRP tracking fund, with Ripple as its early investor. Market participants have been looking forward to a spot XRP exchange-traded fund since U.S. President Donald Trump began his second term in January. Standard Chartered Bank expects the XRP ETF to be approved in the third quarter, which could attract up to $8 billion in inflows in the first year and 12 months. At least seven companies are vying to launch a spot XRP ETF. The U.S. Securities and Exchange Commission must respond to Grayscale's spot XRP ETF application by May 22. (TheBlock)