Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Japan ETFs said likely to trade by 2028 as SB
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Japan ETFs said likely to trade by 2028 as SB
Japan ETFs said likely to trade by 2028 as SBI, Nomura ready products
6 min read
Japan ETFs said likely to trade by 2028 as SBI, Nomura ready products
The Financial Services Agency is moving to classify crypto as an eligible asset for exchange-traded funds, with potential inflows reaching $6.4 billion, according to Nikkei.
By Olivier Acuna|Edited by Sheldon Reback
Jan 26, 2026, 11:05 a.m.
Make us preferred on Google
Japan's financial watchdog has plans to allow crypto ETFs by 2028. (Japan Stock Exchange (Photo: Exectuor-Wikimedia Commns/Modified by CoinDesk)
What to know:
- Japan’s Financial Services Agency plans to allow cryptocurrency exchange-traded funds, and products could list in 2028, Nikkei reported.
- FSA approval could potentially give retail investors access to bitcoin and other digital assets under the Investment Trust Act.
- SBI Holdings and Nomura Holdings have expressed interest in offers ETFs, and any products would also need a go-ahead from the Tokyo Stock Exchange.
Crypto exchange-traded funds (ETFs) could be listed in Japan in 2028, Nikkei reported Monday, without saying where it got the information.
The regulator, the Financial Services Agency (FSA), plans to allow cryptocurrencies as specified assets for ETFs under the Investment Trust Act, Nikkei said, adding that asset management experts estimated crypto ETFs in Japan could reach 1 trillion yen ($6.4 billion).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
A 2028 debut is later than reported by Reuters in November. The news organization said the FSA was refining rule changes that would allow crypto trading services and ETFs to come into effect in 2026 or 2027 after approval by parliament.
The regulator did not respond to a CoinDesk request for confirmation sent after Tokyo office hours.
An introduction in two year's time would leave the Japanese market some four years behind the U.S. Spot bitcoin BTC$87,804.46 ETFs started trading there in January 2024 and now hold $116 billion in assets, according to SoSoValue data. Spot ether ETH$2,891.34 ETFs, which debuted later, have $18 billion.
Japan’s Finance Minister Satsuki Katayama said two weeks ago she fully supports the integration of crypto trading services by the country’s stock exchanges. She touted 2026 as the “digital year.”
Katayama said regulated venues will play a central role in expanding crypto adoption. She spoke of crypto exchange traded funds in the U.S. and the benefits they offer as an inflation hedge.
In August, SBI Holdings filed for a dual-asset crypto ETF in Japan that would provide direct exposure to both bitcoin BTC and XRP, in a rare instance where XRP is formally bundled with BTC in an institutional-grade product. Nomura Holdings also expressed interest in developing crypto ETFs.
Any ETFs would need to be approved for listing by the Tokyo Stock Exchange.
exchange-traded fundscryptocurrenciesJapanRegulation
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report
More For You
Ukraine banned Polymarket and there’s no legal way for it to come back
Polymarket and similar platforms are considered unlicensed gambling operators, leading to blocked access.
What to know:
- Ukraine has no legal framework for Web3 prediction markets, and current legislation provides no recognition for such platforms.
- Polymarket and similar platforms are considered unlicensed gambling operators, leading to blocked access.
- Legal changes are unlikely in the near future, as Parliamentary revisions to gambling definitions are extremely improbable during wartime, leaving prediction markets in a legal deadlock.
Read full story
Latest Crypto News
Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption
Bitcoin risks fourth straight monthly loss, a streak not seen since 2018
Bitcoin rebounds from one-month low while derivatives flash near-term stress: Crypto Markets Today
Bitcoin income windfall drives Metaplanet to revise full-year revenue forecast upward
Key bitcoin price levels to watch as downward pressure builds
Ark Invest bought $21.5 million of crypto company shares as bitcoin fell under $90,000
Top Stories
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
The big U.S. crypto bill is on the move. Here is what it means for everyday users
How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips
Here's what Fed's highly anticipated rate decision this week means for bitcoin and the dollar
Here's what bitcoin bulls are saying as price remains stuck during global rally
Coinbase CEO says big banks now view crypto as an ‘existential’ threat to their business
Latest Crypto News
Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption
Bitcoin risks fourth straight monthly loss, a streak not seen since 2018
Bitcoin rebounds from one-month low while derivatives flash near-term stress: Crypto Markets Today
Bitcoin income windfall drives Metaplanet to revise full-year revenue forecast upward
Key bitcoin price levels to watch as downward pressure builds
Ark Invest bought $21.5 million of crypto company shares as bitcoin fell under $90,000
Top Stories
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
The big U.S. crypto bill is on the move. Here is what it means for everyday users
How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips
Here's what Fed's highly anticipated rate decision this week means for bitcoin and the dollar
Here's what bitcoin bulls are saying as price remains stuck during global rally
Coinbase CEO says big banks now view crypto as an ‘existential’ threat to their business
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?
The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
XRPL Validator Reveals Why He Just Vetoed New Amendment
Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28
US Senate Democrats plan to restart discussions on a cryptocurrency market structure bill later today.
PANews reported on February 4th that, according to Crypto In America, US Senate Democrats plan to reconvene on the afternoon of February 4th to discuss legislation
Share
PANews2026/02/04 23:12