Discover New Investment Opportunities with SBI Holdings’ Innovative Crypto ETFs
Main Idea
SBI Holdings has proposed two new cryptocurrency ETFs—'Crypto-Assets ETF' and 'Digital Gold Crypto ETF'—pending approval by Japan's Financial Services Agency (FSA), aiming to offer diversified investment options in XRP, Bitcoin, and gold.
Key Points
1. SBI Holdings announced two new ETFs: 'Crypto-Assets ETF' for direct investment in XRP and Bitcoin, and 'Digital Gold Crypto ETF' with over 50% allocation to gold ETFs.
2. The 'Crypto-Assets ETF' combines XRP and Bitcoin in a single fund, while the 'Digital Gold Crypto ETF' balances gold and cryptocurrencies to appeal to low-risk investors.
3. Both ETF applications are under review by the FSA, with a decision expected within months.
4. SBI Holdings leverages its experience in blockchain-based payment systems and collaboration with Ripple to manage the new ETFs effectively.
5. The 'Digital Gold Crypto ETF' aims to provide portfolio stability by allocating a significant portion to gold, with the remainder in cryptocurrencies like Bitcoin and XRP.
Description
SBI Holdings applies for two innovative cryptocurrency ETFs in Japan. The Crypto-Assets ETF offers streamlined access to XRP and Bitcoin. Continue Reading: Discover New Investment Opportunities with SBI Holdings’ Innovative Crypto ETFs The post Discover New Investment Opportunities with SBI Holdings’ Innovative Crypto ETFs appeared first on COINTURK NEWS .
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