Japan's largest banking group SBI Holdings has officially submitted an application to the Financial Services Agency of Japan to launch two new spot ETFs:

1. BTC + XRP ETF

A cryptocurrency ETF that directly tracks the prices of BTC and XRP. Investors can purchase one fund to allocate both types of crypto assets simultaneously.

2. Gold + Crypto ETF

At least 51% invested in gold, with the remainder in cryptocurrencies (including BTC). This serves as a hedge against cryptocurrency volatility using the stability of gold.