SBI Files for Bitcoin–XRP ETF in Japan, Pushing Dual Crypto Exposure Into Regulated Markets

SBI Files for Bitcoin–XRP ETF in Japan, Pushing Dual Crypto Exposure Into Regulated Markets
SBI Holdings has filed for a dual-asset crypto ETF offering direct exposure to both bitcoin BTC and XRP XRP, in a rare instance where XRP is formally ...

SBI Holdings has filed for a dual-asset crypto ETF offering direct exposure to both bitcoin (BTC) and XRP (XRP), in a rare instance where XRP is formally bundled with BTC in an institutional-grade product.

Revealed in the firm’s Q2 2025 earnings report, the ‘Crypto-Assets ETF’ is structured to track the performance of both assets simultaneously, providing a single-entry point for investors seeking crypto exposure.

A second product, the Digital Gold Crypto ETF, adds further depth by allocating over 50% of its capital to gold ETFs, while combining the remainder across gold-backed cryptocurrencies.

That hybrid construction is aimed at risk-sensitive investors looking to blend crypto upside with commodity stability.

No formal approval has been granted yet, but, if cleared, these would become Japan’s first ETFs to include XRP — a top-three token still absent from major institutional products in the U.S. due to regulatory overhang in the past.

** Read more:Ripple’s Partnership With BDACS Pays Off as XRP Support Goes Live at Korean Crypto Custodian**


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