SBI Holdings applies in Japan to launch an ETF investing in XRP and Bitcoin
According to a report by Be in Crypto, as cited by Jinse Finance, Japanese financial services company SBI Holdings has submitted applications for two cryptocurrency-related exchange-traded funds (ETFs). The first fund, a crypto asset ETF, will invest directly in XRP and Bitcoin. The second fund, a digital gold crypto ETF, will combine gold-backed securities and digital currencies, with more than 50% of its assets allocated to gold ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Fear and Greed Index Hits 8-Month Low in Late November
Google is promoting TPU to major clients including Meta Platforms
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase

