SBI Holdings Files for XRP-Focused ETF in Japan, Excluding Ethereum
SBI Holdings has filed applications with Japanese regulators for two new exchange-traded funds (ETFs), one focused on Bitcoin and Ripple's XRP, the other combining gold with crypto exposure. Notably absent is Ethereum. The decision reflects SBI’s long-term investment in XRP infrastructure within Japan and aligns with evolving regulatory frameworks that could allow institutional capital to flow into regulated digital asset products for the first time.
Topics: ETFs Ethereum Japan regulatory framework SBI Holdings XRP