XRP News Today: SBI Files Japan's First Bitcoin and XRP ETFs Pushing Crypto Into Regulated Markets

SBI Holdings, one of Japan’s largest financial institutions, has submitted applications to the Financial Services Agency (FSA) for two cryptocurrency-based exchange-traded funds (ETFs): the Digital Gold Crypto ETF and the Crypto-Asset ETF. The first will offer exposure to both Bitcoin and XRP, while the second combines gold ETFs with Bitcoin. These filings represent a major step forward in integrating digital assets into Japan’s regulated financial markets [1][2].

The proposed Crypto-Asset ETF is the first of its kind in Japan and could provide institutional and retail investors with direct access to two major cryptocurrencies, Bitcoin and XRP. SBI’s decision to include XRP reflects its long-standing partnership with Ripple and its belief in the token’s role in cross-border payment solutions. The company has been a key advocate for XRP adoption in Asia and is one of Ripple’s largest stakeholders [3].

The Digital Gold Crypto ETF, meanwhile, is designed as a hybrid product that allocates more than 50% of its assets to gold ETFs. By blending traditional and digital investments, the fund aims to attract a broader investor base, including those who may be more cautious about crypto’s volatility. This structure offers the potential for growth while maintaining a level of stability associated with gold, positioning it as a balanced alternative in a diversified portfolio [1].

SBI’s filing for these ETFs is seen as a sign of growing confidence in Japan’s regulatory framework for cryptocurrencies. Unlike the U.S., where regulatory approval for XRP-based ETFs has been delayed, Japan appears to be moving more quickly toward acceptance. Analysts note that the U.S. could see similar developments in late 2025, but Japan’s more accommodating environment may make it a pioneer in this space [2].

If approved, the ETFs could be listed on the Tokyo Stock Exchange, making it easier for a wider range of investors to access crypto assets. This move could increase liquidity in the market and encourage greater institutional interest, potentially leading to more mainstream adoption of cryptocurrencies. It may also set a precedent for other financial firms to introduce similar products, further integrating digital assets into traditional financial systems [1].

SBI’s initiative underscores a broader shift in the financial services industry toward blockchain-based assets. As major institutions explore ways to offer crypto-related products, the market is likely to see increased innovation and competition, ultimately benefiting investors seeking diversified options. The company’s continued support for Ripple and XRP also highlights its strategic vision for the future of digital finance in Asia [3].

Source:

[1] https://coinpedia.org/news/sbi-proposes-japans-first-xrp-etf-in-major-crypto-push/

[2] https://www.ccn.com/news/crypto/japan-approve-xrp-etf-before-us/

[3] https://cryptoadventure.com/sbi-files-for-bitcoin-xrp-etf-in-japan-pushing-dual-crypto-exposure-into-regulated-markets/