Japanese giant applies for two crypto ETFs: Bitcoin and XRP together for the first time…
SBI Holdings, one of Japan's largest companies, has filed two crypto ETF applications with the country's financial regulator. One will be a gold-backed ETF, while the second will combine Bitcoin and XRP.
SBI Holdings, which holds over $100 billion in assets and has investments across numerous sectors worldwide, continues to make its presence felt in cryptocurrencies. The company recently mentioned its crypto-ETF initiative in its Q2 2025 earnings report.
The Japan-based company, which has collaborated with Ripple for years, has applied for two crypto-ETFs to be traded on the Japanese market.
The first of these ETFs will combine Bitcoin and XRP. Unlike Bitcoin, #XRP ETFs are still awaiting approval from the #SEC in the US. If approved, this ETF will be the first fund in Japan to include XRP.
The second ETF is called the Digital Gold Crypto ETF. 50% of this ETF will invest in gold ETFs and the remaining portion will invest in gold-backed cryptocurrencies.
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