Major Brokerages Including SBI and Rakuten Prepare to Sell Cryptocurrency Funds Amid Global ETF Expansion - Nikkei

18 Major Brokerages Firming Up Their Policies

The Nikkei reported on the 16th that SBI Securities and Rakuten Securities have solidified their plans to sell investment trusts incorporating cryptocurrencies such as Bitcoin. This report is based on interviews with 18 major securities firms, including Nomura Securities, Daiwa Securities, and SMBC Nikko Securities, which have also indicated their willingness to consider sales as soon as the regulatory framework is established.

The Financial Services Agency has added cryptocurrencies to the list of assets eligible for inclusion in investment trusts and exchange-traded funds (ETFs)...