SBI Holdings Applies to Launch XRP and Bitcoin Investment ETF in Japan

BlockBeats News, August 6th, Japanese financial services company SBI Holdings has submitted applications for two cryptocurrency-related Exchange-Traded Funds (ETFs).

The first fund is a Cryptocurrency ETF, which will directly invest in XRP and Bitcoin; the second fund is a Digital Gold Crypto ETF, which will combine gold-backed securities and digital assets, with over 50% of the funds allocated to gold ETFs. (BeinCrypto)