Japan’s SBI Follows Global Trend with Bitcoin-XRP ETF Plan

SBI Holdings is bringing Japan into the crypto ETF race with plans for a Bitcoin-XRP dual offering, following similar products in the US and Europe.

The Japanese financial giant’s proposal includes two products: a conservative gold-crypto blend and a more aggressive Bitcoin-XRP combination for Tokyo Stock Exchange listing.

While awaiting regulatory approval, these would mark Japan’s entry into the growing global market for crypto ETFs.

The move comes as financial institutions worldwide increasingly integrate digital assets into traditional investment vehicles, though Japan’s famously strict regulations may require additional compliance measures.