Key Notes

SBI Holdings plans to file a crypto ETF once Japan's Financial Services Agency finalizes crypto asset classifications.

The ETF, when filed, will come through SBI Global Asset Management and initially target individual investors.

This will align with the firm’s commitment to democratizing alternative investments.

Japan-based corporate giant and top Ripple partner, SBI Holdings, has rejected the latest media reports of filing a Bitcoin-XRP dual crypto exchange-traded fund (ETF). Earlier this week, media reports showed SBI filing an ETF application for two products. This includes a dual gold and crypto ETF, as well as a dual Bitcoin and XRP ETF.

SBI Holdings Bitcoin-XRP Dual ETF in Planning Stage

The earlier reports referenced the company’s earnings release, however, the fil

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