SBI Chief Highlights ¥30,000,000,000 as Canary Readies XRP-Only 33 Act ETF

Published at 2025-11-13 15:18:13

SBI Group’s leadership drew attention to ¥30,000,000,000 tied to XRP just as Canary moves to debut what it calls the first pure‑play 33 Act ETF composed solely of XRP. Canary’s filing and SBI’s public emphasis together signal an intensifying push to package XRP into a regulated, exchange-traded vehicle — a development that would be notable for investor access and product clarity.

Why it matters: a dedicated XRP ETF could channel new institutional flows, improve on‑exchange liquidity, and change how many firms allocate to XRP in portfolios. The highlighted yen amount underscores the scale some stakeholders are discussing; while not a guarantee of immediate price moves, the combination of product innovation and institutional attention is a clear positive for market structure and broader adoption.

Share on:

Related news

Vanguard Shift Sends XRP & Solana Soaring

Vanguard's new crypto price-tracking ETFs drew heavy demand on day one, lifting XRP and Solana sharply. Traders cited increased access and fresh liquidity as the main catalysts.

Published at 2025-12-03 20:00:14
BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

Published at 2025-12-03 18:45:13
Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

Published at 2025-12-03 17:15:09
Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

Published at 2025-12-03 15:30:31