The Bank of Japan has announced plans to begin a gradual sale of its ETF holdings starting in January 2026. Officials say the process will unfold over several decades to limit disruption to financial markets.
As of the end of September, the central bank’s ETFs were valued at roughly 83 trillion yen on the market, with a book value of around 37.1 trillion yen. The framework for this disposal strategy was decided during a policy meeting in September, signaling a long-term approach to unwinding Japan’s massive equity holdings.
