The Osaka Exchange, part of the Japan Exchange Group (JPX), is advancing plans to introduce cryptocurrency futures and options products alongside crypto-related exchange-traded funds (ETFs) pending regulatory approval. President Ryusuke Yokoyama confirmed the exchange is actively researching global specifications to adapt derivatives like futures and options for Japan's market, responding to surging institutional demand.
JPX CEO Hiromi Yamamichi emphasized this initiative aligns with the group's medium-term strategy to expand into cryptocurrency asset classes. The proposed crypto ETFs would be listed on the Tokyo Stock Exchange, leveraging Japan's 2023 lifting of its crypto ETF ban. This follows Japan's ongoing regulatory refinement, including updated anti-money laundering rules and tax reporting requirements for digital assets in 2025.
The derivatives products will initially focus on Bitcoin (BTC) and Ethereum (ETH), mirroring global standards. Market analysts anticipate this move will boost institutional capital inflows and liquidity for these assets, similar to patterns observed after derivatives launches in the U.S. and Hong Kong. Yokoyama stated: "We will thoroughly consider various overseas specifications and conduct research to determine suitability for Japan as a preliminary step."