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
Tesla up 3.75% pre-market as filings show Musk buys shares
Societe Generale and Standard Chartered predict the Federal Reserve will cut interest rates by 50 basis points
pump.fun's market share among Solana-based token launch platforms rises to 90.6%
Analyst: Bitcoin spot trading volume in August nearly halved compared to January, market enters "HODL mode"
Trending news
MoreCrypto prices
More
