Social media rumors of a Japanese XRP ETF have taken the crypto community by storm after a new report from SBI Holdings. Citing regulatory progress, the firm sketched out theoretical plans for new crypto ETFs.
However, the firm isn’t going to make an official move until the legal situation improves. Nonetheless, SBI Holdings has a well-documented history of interest in XRP. If anyone’s going to lead the ETF race in Japan, it’s a great candidate.
New XRP ETF Rumors
One topic that persistently attracts attention in crypto is the XRP ETF. This product began trading in Brazil in April and went live in Canada in June, but US regulators keep dragging their feet.
Thanks to recent developments, social media rumors suggest that Japan will be the next country to launch this product.
So, why is this? SBI Holdings, a Japanese financial conglomerate, recently…
