U.S. Momentum Spurs Asia: Japan Sets 2028 Timeline for Crypto ETFs

According to Asian financial media, Japan’s Financial Services Agency is planning to add cryptocurrencies to the list of eligible underlying assets for ETFs. The move is expected to come alongside stronger investor protection measures, with the roadmap pointing to an earliest launch date of 2028.

The report highlights Nomura Holdings and SBI Holdings as the leading institutions set to introduce Japan’s first crypto ETFs. These products are expected to be listed on the Tokyo Stock Exchange.

Behind Japan’s preparations lies the success of crypto ETFs in the United States, where spot Bitcoin ETFs have rapidly attracted significant institutional interest. This momentum is now pushing Asian financial hubs to accelerate their own crypto ETF strategies and regulatory frameworks.