🚀 XRP ETF: Japan’s Golden Crypto Dream or Just Another Mirage? 🌟

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In the dusty plains of the financial world, XRP is rising like a phoenix from the ashes, its wings flapping with the promise of institutional gold and crypto dreams. SBI, the wise old owl of Tokyo’s financial forest, is perched on a branch, eyes gleaming with ambition, as it whispers of ETFs and regulatory breakthroughs. But is this just another tale spun by the winds of speculation, or is there truth in the rustling leaves? 🌪️

XRP Ecosystem: SBI’s Grand Gambit in the Land of the Rising Sun

Ah, the whispers of the market-they carry tales of institutional hunger for XRP, a token once cast into the shadows but now bathed in the spotlight. On July 31, 2025, SBI Holdings, a conglomerate with roots deep in banking, securities, and the wild west of digital assets, unveiled its quarterly earnings presentation. In it, they painted a picture of a Tokyo Stock Exchange-listed ETF, a beast with more than 51% of its heart in gold ETFs and up to 49% in crypto-asset ETFs, including the elusive XRP. 🏦✨

But hold your horses, folks! The presentation, as dry as a desert at noon, made no mention of a filing. Yet, the media, ever eager to spin a yarn, declared it done. SBI, with a sigh and a roll of its corporate eyes, had to clarify: “Contrary to some media reports, we have not filed any applications with the authority to form an ETF related to crypto assets.” A representative, likely sipping green tea, told Cointelegraph:

It is only at the planning stage.

//markets.bitcoin.com/crypto/ripple?utm_source=bitcoin_news”>XRP

, a tale that began with a 9% equity stake in Ripple Labs. Yet, the value of this holding remains as elusive as a shadow at midnight, for Ripple’s escrowed

XRP

reserves lack a definitive price until the day of an IPO or similar event. SBI, ever the optimist, anticipates “significant gains” when that day dawns. 🌅💰

Long before any ETF approval, SBI has woven XRP into its very fabric. Since 2020, it has offered XRP to shareholders as a perk, and from July 2025, it has allowed APLUS credit card points to be redeemed for XRP, bitcoin, or ethereum through SBI VC Trade. The group also plans to list Ripple USD (RLUSD), Ripple’s stablecoin, within the current fiscal year. By blending product development, infrastructure integration, and strategic holdings, SBI is positioning itself as the king of the hill-if Japan’s regulators ever give the nod to XRP-linked ETFs. 👑🤞

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2025-08-09 04:57