Franklin Templeton and SBI Partner for Bitcoin ETF Venture

Japan’s major financial player, SBI Holdings, announced on Thursday its plans to collaborate with U.S. investment firm Franklin Templeton to create a new investment management company, targeting the Bitcoin ETF sector.

This strategic move highlights SBI’s ongoing efforts to expand its footprint in the cryptocurrency space.

SBI Holdings and Franklin Templeton will co-establish the new investment firm, which will focus primarily on digital assets.

The joint venture will see SBI hold a 51% majority stake, with Franklin Templeton owning the remaining 49%. The company is expected to launch later this year.

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This development follows a surge in interest in spot Bitcoin ETFs in the U.S., spurred by recent approvals from the SEC.

The U.S. also approved spot Ethereum ETFs earlier this week, signaling a potential shift in the regulatory landscape. Japan is also preparing for Bitcoin ETF investments, anticipating changes in local regulations.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.