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Stock impact report

Japan Plans to List First Set of Spot Crypto ETFs as Early as 2028 – Nikkei [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
Nikkei reported Monday that Japan would likely approve its first set of spot crypto ETFs as early as 2028. If approved, this would end the agency's ban on spot crypto ETFs. This further extends the expected timeframe for a potential crypto ETF launch in Japan. A KPMG Japan executive claimed in August 2025 that a Bitcoin ETF launch would likely be delayed until 2027 Besides, Hajime Ikeda, the Executive Officer of Nomura Holdings, pointed to a survey at the time, noting that over 60% of Japanese investors express a desire to invest in cryptoassets “in some form or other.” That said, the recent move by the Japanese regulator to launch spot crypto ETFs would address growing investor demand for access to crypto. Per the Nikkei report, Japan's largest asset manager Nomura Holdings and financial services giant SBI Holdings have been developing related ETF products that await approval for listing on the Tokyo Stock Exchange. If approved, the crypto ETFs would allow investors to trad Show less Read more
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