Japan Crypto ETF Not Officially Filed, Plans Still in Development Phase

Japanese Bitcoin spot ETF may not arrive as early as once expected this week. SBI Holdings denied earlier reports that it has formally filed for crypto-related exchange-traded funds (ETFs) in Japan, clarifying that the plans remain in the development phase. Regulatory Clarity Still Pending “Contrary to some media reports, we have not filed any applications with the authority to form an ETF related to crypto assets,” the SBI spokesperson told Cointelegraph on Friday. “It is only at the planning stage source: https://beincrypto.com/japan-crypto-etf-not-officially-filed-plans-still-in-development-phase/