- SBI Holdings files for Bitcoin and XRP ETFs in Japan.
- Potential market boost for digital assets.
- Increased institutional interest expected in Japan.
SBI Holdings has filed to create a dual Bitcoin and XRP ETF in Japan, potentially reshaping crypto investments, as confirmed by public announcements on August 6, 2025.
Potential approval could significantly influence market dynamics, boosting XRP’s institutional adoption and impacting related digital assets in Japan’s financial sector.
SBI Holdings has filed for Bitcoin and XRP ETFs in Japan, aiming to establish regulated investment options for these digital assets. This move signifies a major step for institutional involvement in Japan’s cryptocurrency market.
The entities spearheading this initiative are SBI Holdings and its CEO, Yoshitaka Kitao. Known for its ongoing collaboration with Ripple, SBI is seeking regulatory approval to list these ETFs on Japan’s Tokyo Stock Exchange.
The announcement has sparked widespread interest among investors, potentially influencing market trends. Increased demand and interest following the filing could drive up the values of Bitcoin and XRP in the short term.
The proposed ETFs aim to provide direct exposure to Bitcoin and XRP, which may enhance the liquidity of these assets in Japan. This move could redefine the landscape of digital asset investments in the country.
Historically, approval of such ETFs has led to significant financial inflows, as seen with Bitcoin ETF launches in other regions. The approval of these ETFs might bring a new wave of institutional investments in Japan, boosting the local crypto economy.
“SBI Holdings, valued at $214 billion, has submitted applications to launch ETFs for XRP ($XRP) and Bitcoin ($BTC).” – Yoshitaka Kitao, CEO, SBI Holdings
