Make Way for Japan's First Cryptocurrency Fund
Fisco, the reputable Japanese financial information service covering multiple sectors of the market in Japan and beyond, is set to launch the country’s first cryptocurrency investment fund at the end of January. Nikkei reports that Fisco will invest its own money, in addition to raising capital from two unnamed fintech companies.
The fund, which is expected to launch at over 300 million yen ($2.66 million), will invest directly in multiple cryptocurrencies, including bitcoin. It will seek additional profits by exploiting price differentials in domestic and foreign cryptocurrency exchanges, and hopes to offer 20% annual returns.
Fisco was an early believer in cryptocurrencies’ potential, offering research and information before other similar outlets, but their approach is not limited to providing data. They were quick to take advantage of April 2017 legislation recognizing bitcoin as a legal payment method in Japan – Fisco’s cryptocurrency exchange unit issued a three-year, 200 bitcoin-denominated bond in August (worth $800,000 at the time) to another group company. The deal, thought to be the first of its kind in Japan, was revealed by chief product officer Masayuki Tashiro to be an exploratory transaction, investigating bitcoin bonds’ potential as a fundraising tool. “We expect that bitcoin will eventually be recognized as a financial product,” said Tasahiro in August. “…if we play a role of arranger, we could earn fees.”
Bitcoin stands to expand Fisco’s business, but they are hardly the only Japanese company bullish on cryptocurrency. MUFG, Japan’s largest financial institution, is set to launch a service in April securing bitcoin adopters against “any operator-based incident leading to losses” on cryptocurrency exchanges. Traders will opt-in to the service while trading at exchanges, and MUFG’s trust bank, Mitsubishi UFJ Trust, will scrutinize pending transactions for suspicious activity. The bank will guarantee the security of bitcoin holders’ assets in the event of any catastrophe – they have already applied for applicable patents. The launch timeline hinges on Japan’s Financial Services Agency recognizing cryptocurrencies as assets that can be secured in a trust, like securities and real estate, but the company is confident that will happen soon.
Japan has long innovated in other technological fields, and cryptocurrency appears to be the newest frontier. As regulatory bodies around the world play catch-up to crypto’s rapid advances, Japan stands to take their usual place as a leading light in the sector’s evolution.
BTC.X in upward trend: price rose above 50-day moving average on June 23, 2025
BTC.X moved above its 50-day moving average on June 23, 2025 date and that indicates a change from a downward trend to an upward trend. In of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 24, 2025. You may want to consider a long position or call options on BTC.X as a result. In of 140 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BTC.X just turned positive on June 26, 2025. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in of 63 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 439 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for BTC.X crossed bearishly below the 50-day moving average on June 22, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BTC.X broke above its upper Bollinger Band on June 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BTC.X entered a downward trend on June 29, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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