Japan’s SBI Files to Launch XRP and Bitcoin Crypto ETF
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Japanese financial firm SBI Holdings has filed to launch two new crypto ETFs in Japan. One of the proposed ETFs plans to offer direct exposure to cryptos including XRP and Bitcoin. A second, hybrid ETF will blend gold with digital assets to attract a wider investor base. Japanese financial services firm SBI Holdings has filed applications to launch two new crypto-linked ETFs in Japan. The company disclosed the move in its Q2 2025 earnings presentation, outlining plans for funds that would include XRP, Bitcoin, and Gold. Proposed ETF for XRP and Bitcoin The first of the two funds is a direct crypto asset ETF. This initiative is part of SBI’s financial strategy for the second quarter of 2025 and would offer investors direct exposure to cryptocurrencies including XRP and Bitcoin. Typically, approving the application will significantly boost institutional adoption of the affected cryptocurrencies, especially XRP, in Japan, considering how regulatory hurdles have limited the exposure of such products in the Asian country. Related: XRP ETF Rumors Swirl as BlackRock Pressures SEC, Ripple Drops Cross Appeal In the meantime, “XRP Army,” a vocal community of XRP advocates on social media, has expressed optimism over the latest development. They consider it a crucial step toward legitimizing XRP in the broader market. The move by SBI also solidifies the firm’s commitment to Ripple as a key partner. Why SBI Is Also Adding Gold to the Mix SBI’s second filing is for a “Digital Gold & Crypto Asset Mix ETF.” This fund is structured to hold more than 50% of its portfolio in gold, combined with digital currencies. The product is designed to appeal to both crypto holders and more cautious, traditional investors. Related: XRP ETF Approval Odds Hit 90% as Teucrium XRP Futures ETF (XXRP) Hits $122M in AUM Analysts note this strategy…
Filed under: News - @ August 6, 2025 1:27 pm