IG Japan to Wind Down iShares Bitcoin and Ethereum ETF CFDs amid Policy Change

Monday, 17/11/2025 | 15:12 GMT by Jared Kirui
  • Offering derivatives based on overseas crypto ETFs is restricted by the Japanese regulators.
  • The broker now requires users with open crypto ETF CFDs of the affected assets to close them by January.
Japan, image source (shutterstock)

IG Securities, the local arm of trading giant IG Group, is preparing to stop offering cryptocurrency ETF CFDs. The decision followed updated guidance from Japan’s Financial Services Agency (FSA), which clarified how crypto ETF CFDs should be handled in a revised policy.

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Suspension of New Orders

From Monday, December 1, 2025, IG Japan will no longer accept new orders for cryptocurrency ETF CFDs and any pending orders at that time will reportedly be canceled.

In its explanation, as translated from Japanese, the FSA earlier clarified that ETFs containing specific crypto assets are essentially tied to the price of the underlying cryptocurrency. Thus, derivatives based on such ETFs, even if established overseas, are treated as transactions linked to crypto assets.

This means they fall under Japan’s regulations for crypto-related derivatives, which are designed to account for the unique risks and price volatility of digital assets.

Given that the creation and sale of crypto asset ETFs are currently prohibited in Japan, the FSA views offering derivatives based on overseas crypto ETFs as problematic.

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The firm emphasized that this change is a direct response to the FSA’s updated guidance and comes after careful internal review. Customers holding current positions in crypto ETF CFDs will still be able to settle them, but they must act before the firm’s set deadline.

All positions must now be closed by the close of trading on Saturday, January 31, 2026. IG Japan warned that any positions left open past this date will be forcibly liquidated at the closing price on January 31, 2026.

Products Affected

The discontinuation specifically affects iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF CFDs, which are currently available for 24-hour trading. Other products and services offered by IG Japan will reportedly continue unaffected.

The latest update, followed IG’s recent report that UK crypto investors are nearly twice as likely to focus on long-term wealth creation than on short-term gains, according to research from trading platform IG. In a survey of over 500 UK crypto holders, 51% said their goal is building long-term wealth, while 27% cited short-term gains.

Many are also investing with specific life goals in mind: 33% for retirement and 18% for a house deposit, with younger investors aged 18–24 showing an even stronger long-term focus.

IG Securities, the local arm of trading giant IG Group, is preparing to stop offering cryptocurrency ETF CFDs. The decision followed updated guidance from Japan’s Financial Services Agency (FSA), which clarified how crypto ETF CFDs should be handled in a revised policy.

Join IG, CMC, and Robinhood at London’s leading trading industry event!

Suspension of New Orders

From Monday, December 1, 2025, IG Japan will no longer accept new orders for cryptocurrency ETF CFDs and any pending orders at that time will reportedly be canceled.

In its explanation, as translated from Japanese, the FSA earlier clarified that ETFs containing specific crypto assets are essentially tied to the price of the underlying cryptocurrency. Thus, derivatives based on such ETFs, even if established overseas, are treated as transactions linked to crypto assets.

This means they fall under Japan’s regulations for crypto-related derivatives, which are designed to account for the unique risks and price volatility of digital assets.

Given that the creation and sale of crypto asset ETFs are currently prohibited in Japan, the FSA views offering derivatives based on overseas crypto ETFs as problematic.

You may also like: Hong Kong Races to Stop Lightning-Fast Money Flows Fueling New Laundering Schemes

The firm emphasized that this change is a direct response to the FSA’s updated guidance and comes after careful internal review. Customers holding current positions in crypto ETF CFDs will still be able to settle them, but they must act before the firm’s set deadline.

All positions must now be closed by the close of trading on Saturday, January 31, 2026. IG Japan warned that any positions left open past this date will be forcibly liquidated at the closing price on January 31, 2026.

Products Affected

The discontinuation specifically affects iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF CFDs, which are currently available for 24-hour trading. Other products and services offered by IG Japan will reportedly continue unaffected.

The latest update, followed IG’s recent report that UK crypto investors are nearly twice as likely to focus on long-term wealth creation than on short-term gains, according to research from trading platform IG. In a survey of over 500 UK crypto holders, 51% said their goal is building long-term wealth, while 27% cited short-term gains.

Many are also investing with specific life goals in mind: 33% for retirement and 18% for a house deposit, with younger investors aged 18–24 showing an even stronger long-term focus.

About the Author: Jared Kirui
Jared Kirui
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About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 2453 Articles
  • 50 Followers

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