Nasdaq Plans To Start Bitcoin Futures Trading In Second Quarter Of Next Year

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The largest US stock exchange Nasdaq continues to explore the possibility of launching its own Bitcoin futures. According to a statement published in Bloomberg on November 27, the launch of a new product is scheduled for the second quarter of 2019.

Referring to sources aware of this issue, the statement says that the company has long considered the possibility of launching this product next year.

It is worth noting that the rapid decline of Bitcoin over the past few weeks has not affected the decision of the Nasdaq.

According to anonymous sources, Nasdaq is currently studying the requirements of the Commodity Futures Trading Commission [CFTC] to launch a new product in accordance with established norms.

An important factor is that Nasdaq talked about their intention to launch Bitcoin futures at the end of 2017 when CBOE and CME Group launched the first Bitcoin futures. Then the company did not release its product, giving way to other financial companies, such as Bakkt Intercontinental Exchange.

It is worth noting that the decision of Nasdaq indicates that the decline in the value of Bitcoin in no way affected the interest of Wall Street to cryptocurrencies.

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