Japan could approve and list its first spot Bitcoin exchange-traded fund as early as 2028, marking a major reversal for a country that has historically prevented domestic investment trusts from holding cryptocurrencies directly. The Financial Services Agency is considering adding digital assets to the category of eligible assets that can be held by investment trusts and exchange-traded funds. The change would remove one of the principal legal barriers preventing a Bitcoin ETF from listing on the Tokyo Stock Exchange. The 2028 timeline remains provisional and depends on regulatory amendments, product approvals and ... (full story)