SBI Holdings has publicly refuted claims of filing applications for Bitcoin and XRP exchange-traded funds (ETFs) with Japanese regulatory authorities. The financial conglomerate confirmed that no ETF submissions for either cryptocurrency have been presented to regulators.
Company officials stated they remain in the preparatory phase for potential ETF offerings and are awaiting critical legal framework updates from Japan’s Financial Services Agency before initiating any formal application process. Future filings will be exclusively managed through SBI Global Asset Management, the group’s dedicated investment arm.
SBI Holdings emphasized its commitment to strict regulatory compliance as the cornerstone of its ETF strategy, highlighting the necessity for clear governmental guidelines prior to advancing digital asset investment products in the Japanese market.