Osaka Exchange targets 2028 launch for Bitcoin futures as FSA reviews rules

Osaka Exchange plans to introduce Bitcoin futures by 2028 to give Japanese institutional investors a regulated way to hedge Bitcoin exposure tied to ETFs. The plan was reported on June 11, with OSE President Akira Tagaya saying the product is aimed at institutions already accessing Bitcoin through the ETF process. In parallel, Japan's FSA is preparing changes that could treat crypto as "specified assets" under the Investment Trust Law, a shift analysts say could support a market worth up to ¥1 trillion.