SBI Holdings has formally proposed Japan’s inaugural dual-asset cryptocurrency exchange-traded fund (ETF), allocating exposure to Bitcoin and XRP alongside traditional assets. The product requires regulatory approval from Japan’s Financial Services Agency (FSA) ahead of its planned listing on the Tokyo Stock Exchange.
The ETF structure features a 51% allocation to gold-based ETFs and 49% to cryptocurrencies, including Bitcoin, to mitigate investment risk through asset diversification. This initiative represents Japan’s first dual-asset crypto ETF, potentially catalyzing increased institutional participation in digital asset markets. Trading will commence upon securing FSA clearance, marking a significant step toward integrating cryptocurrencies with conventional financial offerings in Japan’s evolving investment landscape.