XRP News Today: SBI Clarifies No XRP ETF Application Submitted Amid Regulatory Uncertainty

SBI Holdings, a leading Japanese financial services conglomerate, has clarified recent speculation regarding its proposed XRP exchange-traded fund (ETF), stating that no formal application has been submitted to Japanese authorities [1]. The company made this clarification in response to media inquiries following conflicting reports that suggested a filing had already been made. SBI emphasized that its XRP ETF remains in the planning phase and will only proceed once legal frameworks and tax regulations align with regulatory expectations [1].

This development comes as SBI continues to deepen its exposure to XRP, a digital asset that remains embroiled in legal challenges in the U.S. The company holds approximately 9% equity in Ripple Labs and has integrated XRP into its broader business strategy. Since 2020, SBI has offered XRP as a shareholder benefit and, as of July 2025, has allowed its APLUS credit card points to be converted into XRP, Bitcoin, or Ethereum. Additionally, SBI plans to list Ripple’s stablecoin, RLUSD, within the current fiscal year [1].

While some reports have claimed that SBI has submitted a filing for a Bitcoin-XRP ETF in Japan [2], the company has not confirmed this. The discrepancy highlights the challenges of navigating the evolving regulatory landscape for crypto assets. The approval of such a fund would not only mark a significant step in legitimizing XRP as an investable asset but also serve as an indicator of regulators’ openness to digital assets lacking full legal clarity.

SBI’s strategic alignment with XRP underscores its broader ambition to bridge traditional finance with the crypto ecosystem. The potential approval of a crypto-asset ETF would represent a major milestone in Japan’s approach to integrating digital assets into mainstream financial infrastructure. However, until regulatory clarity is achieved and formal filings are submitted, the timeline and outcome of the proposed ETF remain uncertain. Investors and market participants will likely await official confirmation from SBI or Japanese regulators to gauge the fund’s prospects and the broader implications for XRP’s market position.

Source: [1] PANews – [https://www.panewslab.com/en/articles/e4516bbc-ddea-49dc-ba7c-d1fd538b60f4](https://www.panewslab.com/en/articles/e4516bbc-ddea-49dc-ba7c-d1fd538b60f4)

[2] techi.com – [https://www.techi.com/us-tariff-exemption-boosts-tsmc-chip-market/](https://www.techi.com/us-tariff-exemption-boosts-tsmc-chip-market/)