Crypto coins have been gaining in popularity and adoption over the past few years.
The first major cryptocurrency ETF will be launched in April in Japan, and according to recent reports, the Japanese regulator is looking to launch a Bitcoin ETF later this year.
The news comes from a report published by Bloomberg News, which said that the Japanese Securities and Exchange Commission is considering launching a Bitcoin fund.
The fund will likely be launched sometime in April or May, and the price will likely fall into the low $1,000 range.
Bitcoin has a market cap of more than $2.2 trillion and has been around since 2012.
The ETFs are the first major investments that have come about in Japan to address cryptocurrencies, and it is expected that the fund will be able to cover a wide variety of cryptocurrency companies, including some of the biggest names in the space.
The ETFs will not be limited to the traditional bitcoin, but also include other altcoins, including Ethereum, Litecoin and Dash.
The cryptocurrency market is expected to see a massive increase in the next few years, with an average market cap now approaching $3 trillion.