JUST IN: SBI Holdings Files for Crypto-Assets ETF in Japan
Japan’s financial powerhouse SBI Holdings has officially filed for a Crypto-Assets ETF offering direct exposure to #Bitcoin ($BTC ) and #Ripple ($XRP ) marking a major step toward regulated crypto investment in Asia.
Key Highlights:
🔹 The ETF will track BTC and XRP, giving institutional and retail investors a regulated gateway to both.
🔹 A second ETF has also been proposed, blending Gold ETFs (~50%) with digital assets for risk-balanced exposure.
🔹 If approved, this would be the first XRP ETF globally ahead of the U.S.
🇯🇵 Filing was confirmed during SBI’s Q2 earnings and is currently under review by Japan’s Financial Services Agency.
Why this matters:
This move positions Japan as a potential leader in regulated crypto investment products and reaffirms XRP’s legitimacy on the institutional stage.