Reflecting its strong partnership with Ripple, Japanese financial giant SBI Holdings has filed for two new exchange-traded funds (ETFs) based on XRP and Bitcoin. SBI Holdings Files for ETFs Including XRP and Bitcoin in Japan This step is considered a significant milestone in XRP's journey towards institutional recognition and regulatory acceptance. If approved, the new ETFs are expected to increase institutional interest in digital assets and open new liquidity channels to the markets. SBI announced two new ETF applications based on XRP, Bitcoin, and gold in its Q2 2025 financial results release. This development, revealed by a social media post by an XRP community member named Amelie, is part of the company's 2025 strategy. The first product to be filed, a Crypto-Assets ETF, will offer direct exposure to XRP and Bitcoin. If approved, the fund is expected to accelerate XRP adoption among institutional investors in Japan. Until now, such products have faced regulatory hurdles in Japan. This move was met with enthusiasm by the XRP community and interpreted as a strategic step toward broader legitimization of XRP. SBI's continued commitment to Ripple and the digital asset space is also noteworthy. The second fund, the Digital Gold Crypto ETF, is a hybrid product that combines the security of traditional investments with the potential of digital assets. More than 50% of the fund will be allocated to gold ETFs. This structure offers a balanced investment alternative that will appeal to both crypto investors and more cautious investors. This ETF combines the growth potential of crypto assets with the stability of gold, creating an attractive option for investors with diverse risk profiles. It also positions SBI at the forefront of the intersection of traditional finance and blockchain innovation. SBI's inclusion of XRP in its ETF structure demonstrates confidence in the token's long-term value and potential for cross-border payment solutions. SBI, which actively promotes XRP adoption in Asia, is one of Ripple's largest stakeholders. While XRP-based ETFs are already trading in Canada, they have not yet received approval in major markets like the US. However, industry analysts expect this to change in September or October 2025. *This is not investment advice. Continue Reading: Japanese Financial Giant SBI Holdings Applies for ETFs for Two Cryptocurrencies! Details Here
