LATEST: Japanese Giant SBI Holdings Files to Launch Two Crypto-Based ETFs

SBI Holdings, a leading financial group and Ripple’s key partner, has announced plans to launch two crypto-focused ETFs in Japan. One of the funds, the Crypto-Assets ETF, will feature direct exposure to XRP and Bitcoin, potentially marking a breakthrough for institutional acceptance of digital assets. If approved by Japan’s Financial Services Agency, this would be the first XRP-related ETF in the country—a move hailed by crypto enthusiasts as a game-changer.

The second fund, Digital Gold Crypto ETF, blends gold-backed securities with crypto exposure, allocating over 50% to gold ETFs. This hybrid strategy offers a unique mix of stability and growth, aiming to attract both cautious investors and crypto-forward participants. SBI’s move demonstrates its commitment to innovation by bridging traditional finance with blockchain-based assets.

XRP advocates see this as a crucial step toward broader legitimacy and market recognition. With Japan slowly shifting its regulatory stance on digital assets, approval of these ETFs could open doors for more financial institutions to follow suit—positioning XRP as a regulated investment product and deepening its role in cross-border finance.

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