Japan regulators to approve spot crypto ETFs by 2028
Japan is edging closer to approving spot cryptocurrency exchange-traded funds, with regulators signaling that the first products could be cleared for listing as early as 2028.
Summary
- Japan plans to allow spot crypto ETFs as early as 2028, pending regulatory changes.
- Major financial groups are positioning to launch the first products.
- Policy reforms and rising investor demand are accelerating the timeline.
A report published by Nikkei Asia on Jan. 26 said the Financial Services Agency plans to add cryptocurrencies to the list of assets eligible for ETF products.
If approved, the change would allow funds holding Bitcoin (BTC) and other digital assets directly to…
