SBI Holdings Files Applications for Two Crypto ETFs Linked to Bitcoin, XRP, and Gold
Foresight News reports that Japan's financial services group SBI Holdings disclosed in its second-quarter earnings announcement that it has submitted applications to the Japan Financial Services Agency for two crypto asset ETFs, which will be linked to Bitcoin, XRP, and gold. One of the funds is a crypto asset ETF that will provide direct exposure to XRP and Bitcoin. The second fund is a digital gold crypto ETF, which adopts a hybrid approach by combining gold-backed securities with digital currencies, with more than 50% of the fund 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
Data: A certain whale sold 31,005 ETH 6 hours ago, incurring a loss of $18.8 million within two weeks.
JPMorgan Vice Chairman warns AI valuations may face a "correction"
Circle minted approximately 2.25 billion USDC on the Solana chain in the past 7 days
Trending news
MoreCrypto prices
More
