PANews reported on January 26th that, according to CoinDesk, Japanese financial group SBI Holdings has submitted an application to the Japanese Financial Services Agency (FSA) for a cryptocurrency exchange-traded fund (ETF), proposing to launch a dual-asset ETF that tracks the performance of both Bitcoin (BTC) and Ripple (XRP). If approved, this product would allow investors to gain exposure to both Bitcoin and XRP through a single regulated instrument, potentially becoming the first such ETF in the Japanese market.
SBI Japan plans to apply for a dual-asset ETF for Bitcoin and XRP.
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