SBI, a prominent financial institution in Japan, has officially submitted a proposal for the establishment of an Exchange Traded Fund (ETF) that would encompass both Bitcoin and XRP. This significant move aims to provide investors with an opportunity to gain dual exposure to these two leading cryptocurrencies within regulated financial markets, thereby facilitating greater access and security for those looking to invest in digital assets. The introduction of such an ETF could potentially enhance the credibility of cryptocurrencies in the region, attracting a broader audience of institutional and retail investors to the rising world of digital currencies.
source: https://www.coindesk.com/markets/2025/08/06/sbi-files-for-bitcoin-xrp-etf-in-japan-pushing-dual-crypto-exposure-into-regulated-markets