XRP News Today: SBI Files Japan's First Dual-Asset XRP and Bitcoin ETFs

SBI Holdings, Japan’s largest banking group, has submitted applications for two Exchange-Traded Funds (ETFs) to the Financial Services Agency (FSA). The first fund, a “Crypto-Assets ETF,” will be the country’s first dual-asset product combining Bitcoin and XRP. The second, a “Digital Gold Crypto ETF,” will allocate more than 50% of its assets to gold-backed securities and also include digital assets. The initiative aims to offer institutional and retail investors a regulated and accessible way to invest in cryptocurrencies, leveraging SBI’s existing market infrastructure and long-standing partnership with Ripple [1].

SBI plans to have the ETFs listed on the Tokyo Stock Exchange, signaling its confidence in Japan’s regulatory framework and the growing demand for crypto-related financial products. The firm’s strategy reflects its broader Ripple-based payment initiatives, aiming to integrate XRP into traditional financial systems. SBI has a track record of pioneering crypto innovation in Japan, including the launch of the country’s first crypto ETF, which analysts suggest could increase the chances of regulatory approval [2].

One of the ETFs includes gold as a component to manage risk, offering a balanced approach by combining a traditional safe-haven asset with digital currencies. This dual-exposure strategy is expected to appeal to a wider range of investors, including those seeking to hedge against market volatility while still participating in the potential growth of cryptocurrencies. Analysts note that the firm’s historical success in launching innovative products strengthens its credibility in this space [3].

The development highlights SBI’s proactive approach to evolving investor demand and its strategic alignment with the broader maturation of Japan’s crypto ecosystem. The firm’s recent announcements have generated notable interest among XRP holders, who view the move as a significant step toward wider adoption of digital assets within regulated markets. However, the success of the ETFs will depend on regulatory decisions, ongoing market dynamics, and the continued growth of the crypto industry in Japan [4].

The proposed ETFs represent a milestone in the convergence of traditional finance and digital assets, potentially setting a precedent for other financial institutions to explore similar offerings. This initiative underscores the increasing legitimacy of cryptocurrencies as investable assets and may catalyze further institutional participation in the space [5].

SBI’s dual-ETF proposal is part of a broader trend of financial innovation in Japan, where regulatory clarity and market infrastructure are increasingly supporting the integration of digital assets into mainstream finance. As the firm moves forward with its application process, the outcome could influence the trajectory of crypto adoption across the country.

Sources:

[1] SBI Holdings Files XRP+Bitcoin ETF Applications in Japan

https://beincrypto.com/sbi-holdings-files-xrpbitcoin-etf-applications-in-japan/

[2] SBI Japan Proposes ETFs Tied to XRP and Bitcoin to Boost

https://www.ainvest.com/news/xrp-news-today-sbi-japan-proposes-etfs-tied-xrp-bitcoin-boost-crypto-adoption-2508/

[3] SBI and U.S. Asset Managers Move Closer to Launching

https://coincodex.com/article/71088/sbi-and-us-asset-managers-move-closer-to-launching-xrp-etfs/

[4] SBI Japan Launches XRP Bitcoin ETFs

https://www.ainvest.com/news/xrp-news-today-sbi-japan-launches-xrp-bitcoin-etfs-q2-2025-strategy-2508/

[5] SBI Japan Moves Toward XRP ETF Amid Rising Crypto

https://coincentral.com/sbi-japan-moves-toward-xrp-etf-amid-rising-crypto-market-growth/