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SBI Holdings Applies to Launch ETF for Investing in XRP and Bitcoin in Japan

Summary: According to reports, Japanese financial services company SBI Holdings has submitted applications for two cryptocurrency-related Exchange-Traded Funds (ETFs). The first fund is a cryptocurrency ETF that will directly invest in XRP and Bitcoin; the second fund is a digital gold ETF that will combine gold-backed securities and digital currencies, with over 50% of the funds ...

According to reports, Japanese financial services company SBI Holdings has submitted applications for two cryptocurrency-related Exchange-Traded Funds (ETFs). The first fund is a cryptocurrency ETF that will directly invest in XRP and Bitcoin; the second fund is a digital gold ETF that will combine gold-backed securities and digital currencies, with over 50% of the funds allocated to gold ETFs. (BeinCrypto)

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