
The move is aimed at meeting institutional hedging demand tied to Bitcoin ETFs as Japan’s Financial Services Agency prepares rules to let investment trusts hold crypto assets by 2028.
Osaka Exchange plans to launch Bitcoin futures in 2028, Nikkei reported, citing Osaka Exchange President Akira Tagaya. The planned product is intended to meet hedging demand from institutional investors already using Bitcoin-linked exchange-traded fund structures, as Japan’s Financial Services Agency works toward revising the Investment Trust Law enforcement ordinance by 2028 so crypto assets can be treated as “specified assets.” That change would allow asset managers to create cryptocurrency-based investment trusts for retail and institutional clients. The initiative also fits into a broader push by Japan Exchange Group to expand into new asset classes as rival markets such as CME, Hong Kong and Singapore build out regulated crypto derivatives and ETF offerings.