SBI Holdings Confirms Status Regarding Crypto Exchange-Traded Fund Applications
SBI Holdings, a leading Japanese financial services company, has revealed plans to launch the country's first cryptocurrency exchange-traded funds (ETFs) featuring Bitcoin and XRP. The proposed ETFs aim to provide a regulated, institutional-grade investment vehicle for these digital assets in Japan's traditionally conservative crypto market.
Two Main ETF Products
SBI Holdings plans to introduce two main ETF products: a dual-asset ETF combining Bitcoin and XRP with a 50-50 allocation, and another hybrid ETF blending gold (51%) with crypto assets (49%) including Bitcoin. These ETFs are expected to be listed on the Tokyo Stock Exchange, offering regulated exposure to these digital assets.
Regulatory Approval Pending
The launch of these ETFs depends on final regulatory clearance from Japan's Financial Services Agency (FSA). Although SBI has disclosed these plans in Q2 2025 earnings reports, it remains unclear if official filings with the FSA are complete or still in the pre-filing stage. If approved, these ETFs would be the first publicly offered crypto ETFs in Japan, potentially setting a major precedent for cryptocurrency investment products in the country's tightly regulated environment.
XRP Price Gains Momentum
The announcement of SBI's ETF plans has generated notable enthusiasm, especially for XRP, which is trading near $3 again amid growing institutional interest. The clear listing of XRP alongside Bitcoin in an ETF could increase XRP’s institutional recognition and liquidity in Japan and Asia broadly, as SBI is a strategic Ripple partner. Analysts are forecasting XRP price targets ranging broadly, influenced by XRP’s legal context and the institutional endorsement signaled by the ETFs.
Mainstream Acceptance and Regulated Exposure
If approved, these ETFs could enhance XRP’s mainstream acceptance in Japan, while also broadening regulated crypto exposure for investors domestically. This development signals a potential turning point in Japan’s crypto landscape, blending traditional finance with digital assets and potentially accelerating mainstream adoption of cryptocurrencies like Bitcoin and XRP.
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References
- SBI Holdings Plans First Crypto ETFs in Japan
- SBI Holdings to Launch Japan's First Crypto ETFs
- SBI Holdings Announces Plans for Bitcoin-XRP ETF
- SBI Holdings to Introduce Gold-Crypto Hybrid ETF
- XRP Price Targets Forecasted Amid SBI's ETF Plans
- The dual-asset ETF combining Bitcoin and XRP, along with the hybrid ETF blending gold and cryptocurrency assets, which include Bitcoin, are awaiting regulatory approval from Japan's Financial Services Agency (FSA).
- If approved, the launch of these ETFs, such as the one featuring a 50-50 allocation of Bitcoin and XRP, could potentially set a significant precedent for cryptocurrency investment products in Japan's tightly regulated environment and increase XRP’s institutional recognition and liquidity.
