🚀 Big News in Crypto! 🚀
Japanese financial giant SBI Group is teaming up with U.S. asset manager Franklin Templeton to potentially introduce spot Bitcoin ETFs in Japan! 🇯🇵
🔹 SBI Group: 51% stake
🔹 Franklin Templeton: 49% stake
While spot Bitcoin ETFs are already approved in the U.S. and Hong Kong, Japan is still on the fence. This collaboration hints at possible future approval by Japan’s Financial Services Agency.
Japan's Government Pension Investment Fund is also exploring Bitcoin investments, aligning with PM Fumio Kishida’s “new capitalism” policy.
💬 What do you think? Drop your thoughts below!