Bitcoin ETF in Japan

[magd 5231]

Since you say it is Bitcoin, I mostly expect that the validity and impact of the ETF will be investigated before accepting it. If it proves that it will work positively it will be approved without any doubt, but it is not logical to accept it without any credible measures

[Rezort 846]

To be honest, I don't care that much what is happening in Japan as I am not from there and this would not cover my income in cryptocurrency at least in the next years. However, it is bad for Japanese people.

[Thekingcallme 1975]

Do you expect Bitcoin ETF move in Japan to be good and positive for Bitcoin or will it be negative through this decision taken

[Laboni 755]

Yeah, it will only apply to Bitcoin ETFs in Japan. There is no circulation of it in many countries of the world. In that case, many will not believe and will not use it. However, Japan will easily increase the use of Bitcoin through ETFs. Bitcoin will improve a lot.

[CryptoMaxim 2372]

Perhaps our country will come to a decision to adopt an ETF. I just don't understand why we need to delay the decision. This will benefit everyone.

[Captain Karim 0]

ETF is not as important to Bitcoin investors as it was before, last year everyone was pinning their hopes on ETF but no one was waiting for it anymore.

[Shaza Ahmad 1682]

The ETF fund in America has been the most concern for investors since last year, and after being rejected several times by the American Securities Commission and postponed also several times, investors tired and set it aside.

[Upright 2688]

On 2/8/2020 at 10:55 AM, Mandoy01 said:

We all heard how many bitcoin Exchange Traded Fund (ETF) was submitted to the Securities and Exchange Commission of the United States of America but it was all junked. The commission have found out that those ETF was just not good to be implemented thus it was disapproved. But the hope for and ETF adoption was not a dead idea since Japan has its own crypto ETF. Japanese government has already laid our regulations pertaining the sale of crypto Exchange Traded Funds in their country. 

ETF, SEC. all are just trying to be in the front ground of Crypto and the transperency of the system it self, but one thing the notion of Sec and ETF, it's just nut going, as am don't understand it that way

[pablomarwan 3082]

Perhaps another thing that has led to the rejection of these negotiated funds often follows these questions and gives reports to stop the problem and the questions raised about it. But as you said that Japan has its own ETF encoder, you will not find any problem to solve this problem now

Edited May 10, 2020 by pablomarwan

[playman64 11]

i think this year are the year that we are waiting for bitcoin

[Cryptomint 433]

If this has applied in Japan and she has a great laws about it so I think it is really a good thing and it is profitable for Japanese people.

[Alimhana930 1605]

The US government has now changed its view by allocating a portion of its investment assets to buy bitcoin and thus equating it with gold in value and importance, and Japan in general is a country based on development and technology and has a different outlook than other countries, as it is always a pioneer in all technical sectors.

[kryptonick 2659]

A Bitcoin ETF will be something that will make Bitcoin mainstream. The only thing there is now for companies and institutions is the Grayscale Trust and Bakkt. CME is trading in usd not in bitcoin so it is only a betting derivatives market. Hopefully a new push to a new ETF will be accepted.

[Maaz sultan 265]

Friends as we knows that us countries don't allow  these crypto currencies as replacement of their dollars because usd is mostly acceptable on all the online platforms and now these new crypto currencies will replace the support of usd therefore the us will introduce their own crypto coin to fulfill the space of usd .

[zhoutong 2188]

Japan is ahead in crypto adoption and always helps having very faborable regulations. I had no idea they had an ETF or planning one. This is massive as an ETF is legal investment for all funds and has very good taxation. This is the reason many were trying to offer an ETF in the USA but getting rejected by the SEC. Perhaps with the new SEC board in charge changes may apply.

[zeshan1122 654]

I am unable to understand the concept of the eft but you can say that the government will never be able to accept any other way to accept the cryptocurrency than to get taxes in them.

[RoyalHouse01 9]

I think they want to implement the tax on the basis of that things that is why they are doing it and that is why they are asking for the data from the exchanges, but will they be able to do it?

[Fixfin 2569]

An ETF is an important step, being in Japan is also important as it is one of the top economies and investments in Bitcoin will be very active, making grayscale look small, hopefully an ETF will be accepted in USA too where the numbers are significant higher and if this happens then the Bitcoin price will have no real top to make, it will keep rising for years.

[annayks 2314]

I had no idea Japan already had an ETF, maybe something that could help but probably it will be even more helpful in the USA, perhaps the market regulations are different in Japan but in the USA the ETF means little taxation for profits from participating in this. 

[MoralStories 1127]

that means two things the first one is that the country needs to collect the data of people who are using cryptocurrency and II when is that people do not want to be recorded as the Bitcoin or cryptocurrency users

[Pereira 2303]

Unfortunately, there is no ETF for bitcoin stocks and as we can read in this article they were totally disapproved, but Japan saw this opportunity as a form of stock investments on the crypto world and did not lose the opportunity to implement it, this led to them They will create their own network for this type of cryptocurrency actions in the stock market. This helps us to see the coupling of bitcoin to the financial world.

 

[Jack764 1841]

There are a lot of features that some countries offer on cryptocurrencies, which makes people there encourage participation and this is what should happen in all countries

[Samotokika 1780]

On 2/8/2020 at 2:55 PM, Mandoy01 said:

We all heard how many bitcoin Exchange Traded Fund (ETF) was submitted to the Securities and Exchange Commission of the United States of America but it was all junked. The commission have found out that those ETF was just not good to be implemented thus it was disapproved. But the hope for and ETF adoption was not a dead idea since Japan has its own crypto ETF. Japanese government has already laid our regulations pertaining the sale of crypto Exchange Traded Funds in their country. 

Dude I  think that it depends upon the company that they are giving the ETF correctly or not, if they are giving it correctly Then there would be no problem and acceptance of Bitcoin is assured