SBI Holdings Considers Future XRP ETF Amid Regulatory Developments in Japan, But No Official Plans Yet

Key Points

1. SBI Holdings referenced creating new token-based ETFs in its Q2 2025 Financial Results, including one that would combine XRP with other leading tokens.

2. SBI has an established history with Ripple and is one of the largest users of XRP on Ripple’s Global Payments Network.

3. Social media rumors about an XRP ETF application being in progress are exaggerated; SBI is awaiting regulatory clarity before proceeding.

4. The proposed product is not a pure XRP ETF but a basket product including XRP and other tokens.

5. No official launch date has been announced, as SBI is still waiting for regulatory approval from Japanese authorities.