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.

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Ripple has teamed up with i-payout to speed cross-border payouts into the U.S. and Canada using its digital asset-powered payments network. The move aims to boost liquidity and settlement times for remitters and payout providers.

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Published at 2026-03-16 20:46:01

XRP Market Cap Surges to $90B as Ripple Steps Up Adoption Push

XRP's market capitalization climbed to about $90 billion on March 16, 2026, as the crypto market shows signs of recovery and Ripple intensifies its adoption efforts.

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Published at 2026-03-16 12:15:23

Abra to Go Public via SPAC Merger with New Providence Acquisition Corp III

Crypto wealth platform Abra said Monday it will go public through a merger with blank-check firm New Providence Acquisition Corp III, tapping renewed investor interest in digital asset companies. The move is meant to provide Abra with public-market capital to scale its wealth management services.

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Published at 2026-03-16 11:45:19

Dogecoin Jumps 11% in a Week, Drops a Zero from Price

Dogecoin climbed 11% over the past week, erasing a zero from its quoted price and far outpacing the broader crypto market's 3.36% gain. The surge, recorded on Mon, 16 Mar 2026, highlights renewed momentum for the original meme coin.

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Published at 2026-03-16 08:45:12

Ethereum Tops $2,200 on ETF Demand and Corporate Buying

Ethereum surged past $2,200 on March 16, 2026 as renewed spot ETF demand and increased corporate buying helped lift prices amid a broader market rebound. The break above a key psychological level has reinforced bullish sentiment for ETH.