SBI Ignites Japanese Market with Dual Crypto Exposure to Bitcoin-XRP ETF

SBI leverages its Ripple ties and Japan’s appetite for innovation, placing Bitcoin and XRP—and gold—side by side in regulated ETFs.

SBI Holdings is set to launch two exchange-traded funds (ETFs) focused on cryptocurrency and digital assets, according to the company’s Q2 2025 financial report released on July 31.

One of the ETFs will feature a direct allocation to XRP and Bitcoin, while the other will combine Bitcoin exposure with gold, marking a significant expansion of SBI’s blockchain and digital asset ambitions.

The proposed funds, titled the Crypto Asset ETF and Digital Gold Crypto ETF, seek to address rising institutional demand for crypto investment products, particularly across Asia and North America.

SBI plans to list both ETFs on the Tokyo Stock Exchange, pending regulatory approval. The move reinforces the group’s long-standing partnership with Ripple and comes amid accelerating interest in XRP-based financial products globally.

The Crypto Asset ETF will consist solely of XRP and Bitcoin. Though SBI has not yet disclosed the exact allocation, the firm emphasized its intent to provide direct exposure to crypto assets.

In contrast, the Digital Gold Crypto ETF will allocate over 51% of its portfolio to physical gold, with the remaining portion invested in the Franklin Bitcoin ETF (EZBC), offering a hybrid strategy for investors seeking diversification across traditional and digital stores of value.