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A heavyweight Japanese financial institution enters the ETFs!

Sun 28 Jul 2024 ▪
4
min of reading ▪ by
Evans S.

Bitcoin continues to make waves. Recently, it’s a Japanese financial giant, SBI Holdings, that is preparing to enter the Bitcoin ETF arena. Partnered with the American company Franklin Templeton, this partnership promises to shake up the Japanese market and open new perspectives for investors.

SBI Holdings and Franklin Templeton: A Strategic Alliance

SBI Holdings, a major player in Japanese finance, has recently decided to partner with Franklin Templeton to launch Bitcoin ETFs in Japan.

This collaboration aims to leverage Franklin Templeton’s expertise in asset management and combine it with SBI’s deep knowledge of the Japanese market. The objective? To create a cryptocurrency management company capable of offering Bitcoin ETFs to Japanese investors as soon as regulatory approval is obtained.

The approach is strategic….

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