SBI Holdings Denies Filing for Crypto ETF Applications, Confirms Plans Still in Preparation

Description

Japanese financial giant SBI Holdings has rejected recent media reports claiming it has filed applications for cryptocurrency-related exchange-traded funds (ETFs). The company clarified that, while it is exploring such products, the initiative is still in the planning stage and no official filings have been submitted. SBI Clarifies Amid Media Speculation Earlier this week, several outlets reported that SBI had lodged applications for two ETFs — one combining gold and cryptocurrencies, and anothe...