SBI Holdings has submitted applications to Japan’s Financial Services Agency for the approval of two exchange-traded funds tracking BitcoinandXRP. The filings represent the first dual-asset spot crypto ETF proposal in the country. The move follows SBI’s formal joint venture with Franklin Templeton in July.

SBI Holdings has submitted applications to Japan’s Financial Services Agency for the approval of two exchange-traded funds tracking BitcoinandXRP. The filings represent the first dual-asset spot crypto ETF proposal in the country. The move follows SBI’s formal joint venture with Franklin Templeton in July.

Source: https://cryptoslate.com/franklin-templeton-backs-xrp-etf-play-in-japan-with-%c2%a5300-trillion-aum/