Japan might lift the ban on crypto ETFs by 2028, with SBI and Nomura pushing forward on related products. According to Nikkei News, Japan's Financial Services Agency is expected to lift the ban on spot crypto ETFs, such as Bitcoin, by 2028. To achieve this, authorities plan to amend the Enforcement Order of the Investment Trusts Act, classifying virtual currencies as 'specified assets' eligible for investment trusts. Major financial institutions like SBI Holdings and Nomura Holdings are already advancing the development of related products. If the Tokyo Stock Exchange approves the listing, individual investors will be able to trade crypto ETFs through their brokerage accounts, just like trading stocks or gold ETFs.