The president of Osaka Exchange has spoken out: in step with the Financial Services Agency’s legislative timetable, Japan’s crypto asset management sector is finally set to move out of the gray area and into the sunlight, and institutions now have viable hedging tools.

According to Nikkei News, Takaya Togayashi, president of Osaka Exchange, a subsidiary of the Japan Exchange Group, said in an interview with NIKKEI Financial that the exchange is considering launching Bitcoin futures in 2028 to meet institutional investors’ risk-hedging needs for investing in Bitcoin ETFs. The report said Japan’s Financial Services Agency plans to amend the Enforcement Order of the Investment Trust Act before 2028 to include crypto assets within the scope of “specified assets,” the main investment target for investment trusts, paving the way for asset management firms to launch investment trust products that include crypto assets.