Japan's financial group SBI Holdings has applied to the Financial Services Agency (FSA) of Japan to launch two cryptocurrency-related ETFs, namely a dual-asset ETF targeting XRP and Bitcoin (Crypto-Assets ETF) and a gold crypto hybrid ETF (Digital Gold Crypto ETF). The former will provide direct exposure to XRP and Bitcoin for the first time in the Japanese market, potentially promoting the adoption of XRP in institutional investment if approved; the latter will allocate more than 50% of funds to the gold ETF, combined with crypto assets, targeting investors with different risk preferences. (BeInCrypto)