2028 could be the earliest window for Japan's first spot Bitcoin ETF listing
2026-07-24 06:32
Odaily News Japanese regulators are advancing adjustments to the legal framework for digital asset investments, with spot Bitcoin ETFs potentially receiving approval for listing as early as 2028. However, the timeline remains subject to progress in regulation, product review, and tax reform.
On July 15, Japan's Diet approved the transfer of Bitcoin and approximately 105 other crypto assets from the framework of the Payment Services Act to the Financial Instruments and Exchange Act, removing a major legal barrier for related funds to list on the Tokyo Stock Exchange.
Major Japanese financial groups such as SBI Holdings and Nomura are preparing digital asset products. Japan also plans to adjust the crypto asset tax system from a miscellaneous income tax of up to 55% to a separate self-assessment tax rate of approximately 20.315%.
On July 15, Japan's Diet approved the transfer of Bitcoin and approximately 105 other crypto assets from the framework of the Payment Services Act to the Financial Instruments and Exchange Act, removing a major legal barrier for related funds to list on the Tokyo Stock Exchange.
Major Japanese financial groups such as SBI Holdings and Nomura are preparing digital asset products. Japan also plans to adjust the crypto asset tax system from a miscellaneous income tax of up to 55% to a separate self-assessment tax rate of approximately 20.315%.
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