Japan Exchange JPX prepares to launch crypto ETFs

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Crypto World News: Japan’s exchange group JPX is preparing for the launch of cryptocurrency ETFs and expects them to be listed once legal reforms are completed. JPX CEO Hiroshi Yamada said that many asset management firms are interested in creating crypto-related ETFs, adding that “once the legal framework is in place and tax treatment is clear, it can be launched at any time.” The listing timeline depends on the progress of legal and tax changes—it may be achieved in the early part of next year, but if legal changes move slowly, it could be delayed until 2028. JPX has included “entering new asset classes” in its mid-term management plan and is reviewing crypto-related products to expand market choices. Crypto ETFs will provide investors with regulated digital asset products, helping JPX broaden its product lineup and attract more investors. Global crypto ETF liquidity shows a mixed trend: on April 30, Bitcoin spot ETFs recorded a net inflow of $14.75 million, while Ethereum spot ETFs saw a net outflow of $23.64 million, indicating uneven demand for crypto investment products.

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