Author Landon Manning
August 6, 2025, 23:39 GMT+0000
Updated by
Luis Blanco
August 6, 2025, 23:39 GMT+0000
In summary
SBI Holdings hints at a future XRP ETF, driven by regulatory progress in Japan, although no official move has been planned yet.
Rumors on social media misrepresented the situation, claiming that SBI's XRP ETF application is already underway, which is not true.
Rumors on social media about an XRP ETF in Japan have shaken the crypto community following a new report from SBI Holdings. Citing regulatory advances, the company outlined theoretical plans for new cryptocurrency ETFs.
However, the company will not make an official move until the legal situation improves. Nevertheless, SBI Holdings has a well-documented history of interest in XRP. If anyone is going to lead the ETF race in Japan, they are a strong candidate.
New rumors about XRP ETF
A topic that persistently attracts attention in the crypto world is the XRP ETF. This product began trading in Brazil in April and was launched in Canada in June, but U.S. regulators continue to delay.
Thanks to recent developments, rumors on social media suggest that Japan will be the next country to launch this product.
So, why is this? SBI Holdings, a Japanese financial conglomerate, recently published its Q2 2025 Financial Results. Among many topics, it referenced potential regulatory developments in the country that could allow the company to create new token-based ETFs.
One of its ETF proposals focused on indirect exposure to cryptocurrencies, while the other included XRP.
