SBI Holdings Requests a Historic Dual Asset ETF
Bitcoin and XRP Together for the First Time in an Institutional Product?
SBI Holdings, the Japanese financial giant, has submitted an innovative request to regulatory authorities to launch a dual asset cryptocurrency ETF.
This product, if approved, would provide investors with direct and simultaneous exposure to #bitcoin and #xrp , marking a milestone in the inclusion of XRP alongside #BTC in an institutional-grade product.
A Unique ETF: Revealed in its second-quarter earnings report for 2025, SBI Holdings' "Crypto Assets ETF" would track the performance of BTC and XRP, offering a single entry point for investors looking to diversify their crypto exposure.
Hybrid Product for Cautious Investors: SBI has also proposed a second fund, the "Digital Gold Crypto ETF." This product would allocate more than 50% of its capital to gold ETFs, combining the rest into gold-backed cryptocurrencies. This structure is designed for investors seeking to merge the benefits of the crypto world with the stability of commodities.
XRP Gains Institutional Ground: If approved, these would be the first ETFs in Japan to include XRP.
Injection of Credibility: SBI Holdings' initiative not only legitimizes XRP as a viable asset for traditional financial products but could also open the door for greater institutional adoption in other jurisdictions.