Japan may approve a cryptocurrency spot ETF as early as 2028

BlockBeats News, January 26. According to Nikkei Asia, Japan's first cryptocurrency exchange-traded fund (ETF) may be listed as early as 2028, providing retail investors with easier access to Bitcoin and other digital assets, which institutional investors have already incorporated into their portfolios.

The Japanese Financial Services Agency plans to include cryptocurrency as a designated asset for ETFs, while proposing to enhance investor protection measures. Financial groups such as Nomura Holdings and SBI Holdings are expected to launch Japan's first cryptocurrency ETFs, which will need approval for listing on the Tokyo Stock Exchange.