XRP News Today: SBI Holdings to Launch Japan's First XRP ETF Amid $3.05 Price Breakout

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 10:27 am ET1min read
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Aime RobotAime Summary

- SBI Holdings, Japan's $70B asset manager, will launch the country's first XRP-focused ETF alongside a Bitcoin-XRP crypto-gold ETF.

- XRP's $3.05 price breakout and institutional ETF access could drive institutional demand, with analysts predicting near-term price acceleration to $3.30.

- Regulated crypto products like Japan's ETFs are boosting market credibility, potentially attracting capital and stabilizing XRP's volatility amid growing traditional investor interest.

XRP has seen renewed interest following the announcement that a major Japanese asset management firm, SBI Holdings, is preparing to launch Japan’s first XRP-focused ETF. This move comes after the price of

XRP
broke above the $3 level, reigniting bullish price predictions among analysts and traders. The ETF, which will be part of a broader offering including
Bitcoin
, aims to provide institutional and retail investors in Japan with exposure to digital assets through a regulated structure.

SBI Holdings, a firm with over $70 billion in assets under management in Japan, plans to launch two ETFs: one focused on a combination of gold and crypto assets, and another on Bitcoin and XRP. The latter will allow investors to gain exposure to both cryptocurrencies via a trust structure, potentially increasing institutional demand for XRP. Analysts suggest that this development could be a key catalyst for further price appreciation, especially given the increasing interest in crypto from traditional financial institutions.

The XRP price action has shown strength in recent trading sessions, with the token breaking key resistance levels on the 4-hour chart. It has tested the $3.05 level for a second time, with increased trading volumes indicating strong buyer interest. A successful breakout above $3.10 could accelerate the move toward $3.30 within 24 hours. While a surge to $10 or even $100 may still be distant, the current bullish sentiment and growing institutional adoption suggest that XRP’s trajectory is upward in the near term.

The broader crypto market has also seen a shift in tone, with rising demand for digital assets and increased participation from traditional investors. This trend is expected to continue as more regulated products, such as ETFs, become available in key markets like Japan. SBI Holdings’ involvement adds credibility to the XRP market, potentially attracting more capital and reducing volatility over time.

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Source: [1] XRP Price Prediction: Japan’s First Bitcoin-XRP ETF Set to Launch – Is This the Trigger for $100 XRP? (https://cryptonews.com/news/xrp-price-prediction-japans-first-bitcoin-xrp-etf-set-to-launch-is-this-the-trigger-for-100-xrp/)