Japan’s SBI Files XRP/Bitcoin ETF as 80% of Banks Adopt Ripple Tech

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    August 6, 2025 at 10:12:11
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    Summary

    • SBI Holdings files XRP and Bitcoin ETF proposals in Japan amid evolving regulations. • Over 80% of Japanese banks now use Ripple technology for payments. • Japan's regulatory framework supports crypto ETF approvals, boosting market adoption.

    XRP & Bitcoin ETF Japan applications have actually been filed by SBI Holdings right now, and this marks a pretty significant moment for cryptocurrency adoption in Asia's second-largest economy. The move comes as Japan crypto regulations continue evolving, and SBI Holdings crypto ETF proposals are being advanced through regulatory channels at the time of writing.

    Ripple's XRP Gains Ground as Japan Eyes Crypto ETF Expansion

    XRP at $10,000 Is Just the Start
    Source: Watcher.Guru

    SBI Holdings has submitted two distinct XRP Bitcoin ETF Japan proposals to regulators. The first one targets "Gold" and also "Crypto-Assets (Digital Gold)" with asset allocation over 51% in gold ETFs and up to 49% in crypto-asset ETFs. The second proposal focuses specifically on Tokyo Stock Exchange-Listed Crypto-Asset ETFs, including Bitcoin and XRP along with other digital assets.

    SBI Holdings official financial results document
    SBI Holdings official financial results document – Source: sbigroup.co.jp

    Also Read: XRP ETF Launch Triggers $1.7T Race as RLUSD Flips TrueUSD

    Banking Sector Drives XRP Bitcoin ETF Japan Interest

    Ripple adoption in banking has actually reached unprecedented levels in Japan right now, with over 80% of major financial institutions now using Ripple's technology for payments. This widespread integration creates strong demand for XRP Bitcoin ETF Japan products among institutional investors and also retail ones.

    SBI presentation slide showing two crypto ETF product proposals
    SBI presentation slide showing two crypto ETF product proposals – Source: sbigroup.co.jp

    Universities teach XRP banking systems across Japan, and educational institutions are incorporating blockchain technology into their curricula. This academic support strengthens Japan crypto regulations by building technical expertise along with public understanding of digital assets.

    Also Read: Truth Social Bitcoin ETF Hit With SEC Delay: Here’s the New Date

    Market Impact and Expert Commentary

    The XRP Bitcoin ETF Japan filings have been generating significant market interest right now. Recent data shows heightened trading activity, with substantial liquidations across crypto positions demonstrating market volatility even in established markets.

    An ex-SEC official Marc Fagel had this to say:

    "There was a (very small) chance the original approval vote encompassed dismissal even without the modification of the injunctive order. Given the delay, seems pretty clear that was not the case, so we're presumably still waiting on another vote."

    Ripple's Senate Banking Committee response document
    Ripple's Senate Banking Committee response document – Source: Ripple

    Japan crypto regulations provide clearer pathways compared to other jurisdictions actually. The FSA's regulatory framework development supports SBI holdings crypto ETF applications by establishing comprehensive oversight standards along with investor protections.

    Also Read: XRP Mirrors 2017’s 63,000% Rally as Ripple CTO Goes Independent

    Future Outlook for XRP Bitcoin ETF Japan

    SBI holdings crypto ETF approvals could accelerate broader cryptocurrency adoption in Japan right now. With Ripple adoption in banking already established and universities teach XRP concepts becoming standard practice, the foundation exists for successful XRP Bitcoin ETF Japan launches.

    The regulatory environment supports innovation while also protecting investors, making Japan an attractive market for digital asset products. As Japan crypto regulations mature even further, more financial institutions may follow SBI's lead in developing cryptocurrency investment products along with traditional offerings.

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