Japan aims to launch Bitcoin ETF in 2028, individual funds may become the main source of inflows

Odaily Japan is expected to launch a Bitcoin ETF as early as 2028. With the revised Financial Instruments and Exchange Act incorporating crypto assets into the scope of financial product regulation, the Financial Services Agency plans to adjust rules related to investment trusts, allowing funds and ETFs to include crypto assets as primary investment targets. Multiple asset management institutions are considering participation. Institutional investor interest in crypto assets in Japan is rising. 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 the US Bitcoin ETF, which is primarily driven by institutional funds, Japan has a relatively limited scale of institutional investors, and a high proportion of household financial assets is held in cash. Therefore, individual investor funds may become the main source. Some analysts believe that Japan's Bitcoin ETF could attract up to 3 trillion yen in inflows by fiscal year 2028. (Nikkei)