On August 6, 2025, SBI Holdings submitted applications to Japan’s FSA for two crypto ETFs, focused on XRP and Bitcoin. If approved, this would denote the first regulated XRP exposure in Japan.
The potential approval could enhance XRP’s liquidity and recognition, fostering interest from institutions. Experts predict that this could lead to an increase in investment products across Asia.
As of August 6, 2025, XRP is trading at 2.95 USD with a market cap of 174,946,879,487 USD, comprising about 4.70% of the cryptocurrency market. The last 30 days saw a price increase of 29.98%.
Leave a Reply