OJK Targets Gold ETF Launch in Q2 2026

The Financial Services Authority (OJK) targets the launch of a gold-based exchange traded fund (ETF) product in the second quarter of 2026. The Executive Head of Capital Market Supervision, Financial Derivatives, and Carbon Exchange at OJK, Hasan Fawzi, stated that there are currently three prospective issuers who have expressed interest and are preparing their products.

According to Hasan, all stakeholders are currently finalising preparations for the launch of the gold ETF. “Considering the progress so far, our target seems to be heading towards the launch still being carried out in the first half of 2026 or Q2 2026,” Hasan said during an online press conference on Monday, 6 April 2026.

OJK previously issued OJK Regulation No. 2 of 2026 on Collective Investment Contract Mutual Funds whose Participation Units are Traded on the Stock Exchange with Underlying Assets in the Form of Gold. The regulation was drafted to support the acceleration of market deepening, in line with gold bullion business activities.

In terms of infrastructure, Hasan said that the regulator and stakeholders are still maturing the trading system, storage and custody, as well as the recording mechanism on the exchange. According to him, this readiness is important to ensure that the gold ETF product has operational standards equivalent to global best practices, including aspects of price transparency, information and liquidity transparency, as well as investor protection.

Hasan also stated that there are several technical aspects that are still being aligned, particularly regarding tax treatment of the underlying gold. “This is certainly important to ensure that the product launched is not only attractive from an investment perspective but also remains efficient and structurally competitive,” he said.