Japan Aims to Launch Bitcoin ETFs by 2028, Individual Investors Likely to Be Primary Source of Inflow

According to Odaily Planet Daily, Japan is expected to launch Bitcoin ETFs as early as 2028. With the revised Financial Instruments and Exchange Act incorporating crypto assets into the regulatory scope of financial products, Japan's Financial Services Agency plans to adjust rules related to investment trusts, allowing funds and ETFs to have crypto assets as their primary investment targets. Multiple asset management institutions are considering participation. Institutional investor interest in crypto assets is rising in Japan. A survey by Nomura Holdings and Laser Digital shows that approximately 79% of institutional investors and family offices plan to invest in crypto assets within the next three years.

However, unlike US Bitcoin ETFs, which are primarily driven by institutional capital, Japan has a relatively limited institutional investor base. Additionally, cash accounts for a high proportion of household financial assets. Therefore, individual investor funds may become the main source of inflow. Some analysts believe that Japanese Bitcoin ETFs could attract up to 3 trillion yen in inflows by fiscal year 2028. (Nikkei)