XRP Price Prediction: Japan’s First Bitcoin-XRP ETF Set to Launch – Is This the Trigger for $100 XRP?
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XRP breaks $3 as Japan’s first XRP ETF is confirmed – XRP price prediction now eyes $100 as institutional demand builds.
XRP (XRP) has regained momentum today, breaking back above the $3 mark after a major Japanese asset management firm confirmed plans to launch an exchange-traded fund (ETF) for the token.
The news strengthens a bullish XRP price prediction, with expectations of rising trading volume from both retail and institutional investors in Japan.
SBI Holdings, a financial titan that manages over $70 billion in assets in the Asian country, shared its plans in a presentation published days ago.Their goal is to launch two ETFs in Japan that offer exposure to specific crypto assets. The first is a Gold and Crypto Assets ETF that will invest 49% of its assets in Bitcoin (BTC) and the other will be a Bitcoin and XRP ETF that will offer exposure to these two tokens via a trust.