SBI Holdings submits Japan’s first dual-asset spot crypto ETF proposals—one tracking Bitcoin and XRP exclusively and another blending these with gold—amid regulatory reforms and a strategic JV with Franklin Templeton.
SBI Holdings has applied to Japan’s FSA for two ETF products: a crypto-only ETF tracking Bitcoin and XRP and a blended offering combining digital assets with gold. The filings, part of its broader strategic move following a joint venture with Franklin Templeton, come as regulatory discussions and proposed tax reforms aim to reclassify digital assets.