What to know:

• Metaplanet now holds the highest proportion in the $50 billion AUM BetaShares ETF.
• This firm issued a $13 million zero-coupon bond to fund additional Bitcoin purchases.
• It currently maintains 3,200 BTC, ranking as the 10th largest public holder of Bitcoin.

Japanese hotel firm Metaplanet has issued a 2 billion yen ($13.3 million) zero-coupon ordinary bond, with proceeds aimed at increasing their Bitcoin (BTC) assets. The bond is set to mature on September 30.

Additionally, Metaplanet has been integrated into the BetaShares Crypto Innovators ETF (CRYP), a fund holding over $50 billion in assets under management, as stated by CEO Simon Gerovich.

Metaplanet accounts for the largest share in the ETF with 15.5%, surpassing well-known industry players such as Strategy (MSTR) and Coinbase (COIN), which secure the second and third positions, respectively. This ETF is traded on the Australian Securities Exchange (ASX) and provides investors with exposure to companies leading in the crypto and blockchain arena. However, the CRYP ETF has decreased by 23% year-to-date.

Currently, Metaplanet ranks as the tenth-largest publicly listed Bitcoin custodian, with a total of 3,200 BTC.