SBI Holdings Files Two Crypto ETFs in Japan Aiming to Bridge Traditional and Digital Assets
– SBI Holdings in Japan submitted two crypto ETF applications: one for direct XRP/Bitcoin exposure and a hybrid gold-crypto fund.
– The ETFs aim to attract both institutional investors and risk-averse clients by combining stable gold with digital assets.
– Regulatory approval from Japan’s FSA remains uncertain due to crypto volatility concerns, though global trends may ease scrutiny.
– If approved, these ETFs could redefine Japan’s investment landscape and influence crypto adoption across Asia.