Japan to Launch Bitcoin ETF by 2028, Expected to Attract Retail Investors

iconChainthink
Share
AI summary iconSummary
Japan plans to launch a Bitcoin ETF by 2028, expected to attract retail investors. The revised Financial Instruments and Exchange Act will bring crypto assets under financial product regulation. The Financial Services Agency will amend investment trust rules to permit funds and ETFs to hold crypto as a primary asset. Multiple asset managers are evaluating participation. Surveys indicate growing institutional interest. Market forecasts suggest retail investors will drive the primary inflow, potentially reaching ¥3 trillion by 2028.

ChainThink reports that, on July 23, according to the Nikkei Asian Review, Japan is expected to launch a Bitcoin ETF as early as 2028.

Reports indicate that, as the revised Financial Instruments and Exchange Act brings cryptocurrency assets under financial product regulation, Japan's Financial Services Agency plans to amend rules related to investment trusts, allowing funds and ETFs to designate cryptocurrency assets as their primary investment target. Several asset management firms are already evaluating the possibility of participation.

Survey shows that Japanese institutional investors' interest in allocating to crypto assets is increasing.

The market expects that, due to the relatively limited scale of domestic institutional funds and the high proportion of cash in household financial assets, the primary source of new capital for Japan’s Bitcoin ETFs may be individual investors, potentially attracting up to ¥3 trillion in inflows by fiscal year 2028.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.