– XRP trades near $2.98 with 0.77% daily gain, consolidating after July’s $3.65 peak amid mixed technical outlook.
– Japan’s SBI Holdings files first global XRP ETF applications, aiming to attract institutional/retail investors through regulated crypto products.
– South Korea’s BDACS launches institutional XRP custody via Ripple, addressing growing demand for secure digital asset management in Asia.
– Analysts project $3.50–$5.00 price targets if SBI ETFs are approved, but delays could keep XRP range-bound between $2.50–$3.00.
AloJapan.com