Japan Prepares to Launch Cryptocurrency ETFs by 2028 as Institutional Adoption Accelerates

TLDR: Japan’s Financial Services Agency will authorize cryptocurrency ETFs by 2028 with enhanced investor protections. Nomura Holdings and SBI Holdings are frontrunners to launch Japan’s first exchange-traded cryptocurrency products. Japanese crypto ETFs could accumulate approximately 1 trillion yen or $6.4 billion in assets according to estimates. U.S. spot bitcoin ETFs hold $120 billion in assets, [...]

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