Social media rumors for the Japanese XRP ETF are engaging the crypto community in the storm after a new report from SBI Holdings. Citing regulatory progress, the company sketched out theoretical plan for a new cryptographic ETF.
However, the company is not going to make any official moves until the legal situation improves. Nevertheless, SBI Holdings has a well-documented history of interest in XRP. If anyone leads the ETF race in Japan, it’s a great candidate.
New XRP ETF Rumors
One of the hot topics on Crypto is the XRP ETF. The product began trading in Brazil in April and came out live in Canada in June, but US regulators continue to drag themselves out.
Thanks to recent developments, social media rumors suggest that Japan will become the next country to launch the product.
So why does this have it? SBI Holdings, a Japanese financial conglomerate, recently posted its financial results for the second quarter of 2025. Among many topics, it referenced the development of the country’s potential regulatory system. This allows businesses to create new token-based ETFs.
One of the ETF proposals focused on indirect cryptographic exposures, while the other included XRP.
Can hype be trusted?
There are certainly bullish cases as to why SBI can establish XRP ETFs.
For one, Ripple’s history is established as Ripple’s global payment network, as it is Ripple’s global payment network. Additionally, customers can also use credit card points to obtain XRP.
However, social media rumors have implied or falsely claimed that SBI’s XRP ETF application was already ongoing. Unfortunately, that’s an exaggeration.
At least Japan is actually taking crypto regulations seriously. One of its top financial regulators recently began operating a Web3 Policy Working Group. This signal encouraged SBI to prepare these virtual products.
Nevertheless, the SBI does not move until it becomes more clear from the authorities. Furthermore, this advertised product is not actually an XRP ETF. It will be a basket product that combines XRP with several other major tokens.
In fact, the US has already approved such products, but faces some set-offs before market access.
Still, SBI has a clear history of partnerships between Ripple and its interest in XRP. If someone in Japan is about to launch an XRP ETF, they are strong candidates.
For now, however, like XRP fans in most jurisdictions around the world, they will have to wait for regulatory approval.
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