Eric Balchunas(@EricBalchunas):Nice turnout at ETFs in Depth Asia which is in Tokyo this year. ETF market growing here just like everywhere else but BoJ still owns 80% of the ETFs. They have vanilla but now looking at buffers, spot crypto and private co-spiked ETFs, similar to US. Big dif tho bt US and rest of world is fee-based advisors/RIAs. Most still in bank/broker/MF commission system like US 40yrs ago (= high fees, MF stickiness).

Eric Balchunas

@EricBalchunas

Global Head of ETF Research for @Bloomberg. Dad. Rutgers. GenX. Co-host of Trillions & ETF IQ. Author of "Bogle Effect" "Both Sides of the Coin" & "ETF Toolbox"

Joined May 2010

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Eric Balchunas@EricBalchunas

2026.10.28 01:27

Nice turnout at ETFs in Depth Asia which is in Tokyo this year. ETF market growing here just like everywhere else but BoJ still owns 80% of the ETFs. They have vanilla but now looking at buffers, spot crypto and private co-spiked ETFs, similar to US. Big dif tho bt US and rest of world is fee-based advisors/RIAs. Most still in bank/broker/MF commission system like US 40yrs ago (= high fees, MF stickiness).