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It was only available at the Pokemon Center and a few toy stores in Japan, in November, 2020

I believe this came about because they wanted a mischievous creature on the back that punished the opponent for not having enough cards in their hand, and flavor-wise, that felt a lot like a faerie (it was an imp when it was on Equilor)

I personally have two mono-red Commander decks that I absolutely love, and they play quite differently from each other: Feldon of the Third Path and Valduk, Keeper of the Flame

As this is D&D, I suppose they might have wanted to have white and black on opposite ends, constructing a sort of alignment scale with neutral green in the middle