When Will the Bitcoin ETF in Indonesia Be Released? Latest Update 2025

Until the end of 2025, ETFs Bitcoin Spot has not yet been officially launched in Indonesia, although Bappebti and the OJK continue to discuss its potential as a next step after the launch of crypto futures earlier this year, with full oversight transitioning to the OJK effective from January 2025.

Amid Bitcoin's stable price at USD 89,134 or around IDR 1.48 billion as of December 7, 2025, global institutional interest, such as the recent USD 129 million inflow from US ETFs, has fueled similar expectations in the local market, although regulators' priorities remain on derivatives features such as staking and futures for popular assets BTC and ETH.

The latest update suggests a BTC ETF opportunity in 2026 if market development futures are successful, but regulatory challenges such as POJK 27/2024 mean the timeline remains wide open for both retail and institutional investors.

Bitcoin Spot ETF Background and Global Impact

A Bitcoin spot Exchange-Traded Fund (ETF) is an investment instrument that allows the purchase of shares representing direct ownership of Bitcoin, traded on a stock exchange like a regular stock product without the need for a personal wallet.

The US SEC's approval in January 2024 triggered a global surge, with ETFs like BlackRock's IBIT attracting USD 13.5 billion in inflows in early March 2024 and reaching total assets of USD 146.27 billion by April 2025, according to ETF research data. This drove the price of BTC up 60% throughout 2024, peaking at USD 123,000 in July 2025, and contributing to a sharp surge in the global crypto market capitalization.

In Asia, South Korea began considering similar products in 2024, while Japan and Hong Kong have launched BTC futures ETFs to support regional liquidity. In Indonesia, crypto oversight shifted from Bappebti to the Financial Services Authority (OJK) on January 10, 2025, through Government Regulation 49/2024. This ensures that previous licenses remain valid, but the OJK handles the new process for legal certainty.

This transition aims to strengthen consumer protection amidst 851 crypto assets that are now legally traded, up from 501 previously, including BTC as the primary commodity.

Read also:What is an XRP ETF? XRP Launch Schedule and Price Prediction

Bappebti-OJK Regulatory Update: Futures Prioritize ETFs

In March 2024, Tirta Karma Senjaya, Head of the Development Bureau at Bappebti (Trade Commodity Futures Trading Regulatory Agency), stated that a spot BTC ETF "could be launched," but the priority at that time was crypto futures for popular assets like BTC and ETH, given the dominance of the Indonesian spot market. The target for a futures launch was achieved in early 2025, with 11 exchanges, such as Tokocrypto and Indodax, now licensed by the Financial Services Authority (PFAK) under Regulation 8/2024, allowing derivatives to increase transaction volume, which is projected to increase significantly this year. The Financial Services Authority (OJK), as the new supervisory authority, emphasized governance and data protection through POJK 27/2024, which provides a six-month grace period for compliance, including strict AML/KYC requirements for products like ETFs.

As of December 2025, there has been no official announcement of a spot BTC ETF, although an OJK survey showed that 50% of potential retail investors are more confident in structured assets.

The OJK's focus on synergizing with the Attorney General for handling crypto evidence also indicates infrastructure readiness, but ETFs will likely only be considered in 2026 if futures attract widespread interest.

Bappebti data as of November 2024 recorded crypto transactions of IDR 115.8 trillion, with BTC dominating 30.95% of investor portfolios, up from 25.4% the previous year thanks to institutional adoption.

Read also:XRP ETF: List of 4 Investment Firms Applying for Ripple Coin Exchange Traded Funds

Bitcoin Price Development and the Influence of Global ETFs

Bitcoin's current price is USD 89,134, down 0.22% in 24 hours but up 6.83% in a week, reflecting volatility following the record USD 123,000 peak in July 2025 driven by USD 7.35 billion in US ETF inflows since its debut.

Despite a 1.94% weekly decline, BTC remains above the USD 80,400 support level, with Bitget predicting a December high of USD 98,375, potentially reaching USD 120,000 if ETF inflows continue.

In Indonesia, the price of BTC is equivalent to IDR 1.48 billion (exchange rate of IDR 16,652), supported by 851 legitimate assets that increase access via licensed exchanges.

Strategies of Companies Accumulating Bitcoin

The strategies of companies like MicroStrategy, which held 193,000 BTC worth USD 13.5 billion as of March 2024 with no plans to sell, demonstrate long-term confidence.

CEO Michael Saylor said BTC outperformed gold or the S&P 500, with a leverage strategy via USD 600 million in debt to increase reserves, pushing MSTR shares up 642% year-on-year versus BTC's 244%.

In the US, BlackRock overtook MicroStrategy with 197,943 BTC, and the total ETF holding was 1.39 million BTC or 6.6% of the supply, reducing the OTC supply and increasing the price.

Read also:Crypto ETF 2025: Crypto Assets Potentially Approved by Regulators

The Potential Impact of a BTC ETF on the Indonesian Market

If released, a spot BTC ETF could boost retail and institutional adoption in Indonesia, but it likely won't match the global impact, where a USD 3.69 billion inflow in April 2025 fueled BTC's rally.

Currently, 15 million Indonesian crypto investors (OJK data as of April 2025) prefer spot trading, but ETFs offer easy access via stock exchanges like the IDX, reducing transaction costs and wallet risk.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

Will a spot Bitcoin ETF be released in Indonesia by 2025?

Not yet. Until December 2025, the Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti) will still prioritize crypto futures; a spot BTC ETF will only be discussed once futures are running smoothly.

When is the Bitcoin ETF predicted to be released in Indonesia?

The earliest is 2026 if BTC & ETH futures are successfully launched and attract market interest, according to Bappebti's statement & the OJK roadmap.

What is the difference between Bitcoin ETF and spot/futures trading in Indonesia?

ETFs are traded on the IDX like regular stocks (without a wallet), futures are leveraged on licensed exchanges, and spot BTC is directly purchased on the PFAK platform.

What is the price of Bitcoin today & what will be the global ETF inflow in 2025?

BTC today is ≈ Rp 1.48 billion (USD 89,134). US ETFs have absorbed over USD 146 billion in AUM through 2025.

How to invest in Bitcoin while waiting for a local ETF?

Buy spot on the Bittime exchange, one of them