{"id":85391,"date":"2025-08-06T12:09:12","date_gmt":"2025-08-06T16:09:12","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=85391"},"modified":"2025-08-06T12:09:12","modified_gmt":"2025-08-06T16:09:12","slug":"japan-might-beat-the-us-in-launching-crypto-etfs","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/japan-might-beat-the-us-in-launching-crypto-etfs\/85391\/","title":{"rendered":"Japan might beat the US in launching crypto ETFs"},"content":{"rendered":"<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-68933662-d108-8321-967a-122718b5cf5d-8\" data-testid=\"conversation-turn-44\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"c221e7c4-fbc9-4f50-a8bc-9476f649ba7b\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark markdown-new-styling\">\n<p data-start=\"251\" data-end=\"586\">Japan is making some bold moves in the crypto space. One of the country\u2019s biggest financial firms, SBI, just filed to launch a new crypto fund on the Tokyo Stock Exchange. If the request gets approved, Japan could actually beat the United States to become the first to offer an official altcoin exchange-traded fund. That\u2019s a big deal.<\/p>\n<p data-start=\"588\" data-end=\"1020\">In simple terms, SBI wants to create two new crypto-related investment products. One of them is designed to mix gold and Bitcoin together. More than half of the money would go toward gold, and the rest would go into Bitcoin through a fund that\u2019s already available in the US. The second product is the one that\u2019s getting all the attention. It\u2019s made to track both XRP and Bitcoin and may even add more cryptocurrencies in the future.<\/p>\n<p data-start=\"1022\" data-end=\"1266\">SBI has a long history with Ripple, the company behind XRP. They\u2019ve been supporting Ripple for years and now hold a big stake in the company. In fact, SBI owns around nine percent of Ripple, making them the largest outside investor in the firm.<\/p>\n<p data-start=\"1268\" data-end=\"1664\">What\u2019s even more interesting is the timing. Just days before SBI made this move, Japan\u2019s top financial authority submitted a plan that would officially recognize crypto as a financial product. If this rule passes, crypto investments in Japan would get the same treatment as traditional stocks or bonds, which could make things easier for big investors and allow more regulated products to launch.<\/p>\n<p data-start=\"1666\" data-end=\"1900\">Meanwhile, the US is still going back and forth on whether to allow ETFs for other cryptocurrencies besides Bitcoin and Ethereum. So, if Japan moves faster, it could steal the spotlight and attract a lot of global attention and money.<\/p>\n<p data-start=\"1902\" data-end=\"2228\">This all ties into a bigger trend we\u2019ve been seeing. Bitcoin and Ethereum ETFs in the US have become huge. Together, they manage over 160 billion dollars in assets. This massive interest from big investors has pushed prices up and helped crypto go more mainstream. It\u2019s also made companies rethink how they handle their money.<\/p>\n<p data-start=\"2230\" data-end=\"2516\">One Japanese company called Metaplanet switched its focus completely to Bitcoin last year and saw its stock price explode. That\u2019s making other businesses in Japan curious. They\u2019re seeing Bitcoin not just as a risky bet anymore, but something that can actually strengthen their finances.<\/p>\n<p data-start=\"2518\" data-end=\"2846\" data-is-last-node=\"\" data-is-only-node=\"\">With that kind of momentum, it wouldn\u2019t be surprising if more crypto-friendly rules start showing up in Japan. And if that happens, we might see XRP and other altcoins traded through ETFs in Japan before they ever make it to American markets. That would be a big win for Ripple and a major milestone for crypto adoption in Asia.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Japan is making some bold moves in the crypto space. One of the country\u2019s biggest financial firms, SBI, just filed\u2026<\/p>\n","protected":false},"author":294,"featured_media":85392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,186],"tags":[3925,15025,24434,149],"class_list":["post-85391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","category-world","tag-bitcoin","tag-etf","tag-etfs","tag-japan"],"reading_time":"3 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/85391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=85391"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/85391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/85392"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=85391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=85391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=85391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}