Japan Plans to List First Crypto ETFs as Early as 2028 – Nikkei
Nomura Holdings and SBI Holdings plan to list Japan's first crypto ETFs on the Tokyo Stock Exchange, with cryptocurrencies recognized as base assets and investor protections enhanced.
- This year, Japan is poised to greenlight its first crypto ETFs as the Financial Services Agency plans to add cryptocurrencies as ETF base assets and Nomura Holdings and SBI Holdings prepare listings on the Tokyo Stock Exchange.
- U.S. precedents have driven interest as U.S. spot Bitcoin ETFs hold more than $120 billion and recent streamlining by U.S. regulators attracted pension funds, family offices and university endowments including Harvard.
- Late-2025 product rollouts showed expanding spot altcoin ETFs , while Hong Kong's 2024 launch offered a regional market model.
- The final legislative text is expected in the first quarter of this year, while South Korea is drafting a Digital Asset Basic Act aiming to build a Korean won stablecoin market.
- Market-Structure differences such as in‑kind redemptions are influencing product design, while three major Asian financial hubs pursue integrating regulated stablecoins into finance this year.
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14 Articles
Major players such as Nomura and SBI could be among the emitters.
Japan Set to Approve First Crypto ETFs by 2028
Japan’s Financial Services Agency plans to approve the country’s first cryptocurrency ETFs by 2028, adding digital assets to “specified assets” for investment trusts. Breaking the Barriers Japan’s regulators are reportedly preparing to approve the country’s first cryptocurrency exchange-traded funds (ETFs) by 2028. The Financial Services Agency (FSA) has unveiled plans to add digital assets to […]
Japan targets 2028 for crypto exchange traded fund approval - Ledger Insights - blockchain for enterprise
Japan’s Financial Services Agency (FSA) is likely to add exchange traded products for cryptocurrencies to the allowed list of assets, potentially enabling trading of crypto ETFs by 2028, the Nikkei reported. The likely first issuers include Nomura Holdings and companies within the SBI group. When the United States first allowed spot cryptocurrency ETFs in January […] The post Japan targets 2028 for crypto exchange traded fund approval appeared f…
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