Nasdaq confirms bitcoin futures
There has been a lot of talk by several mainstream financial entities in the past two years that they could be considering launching different cryptocurrency products. One, the NASDAQ exchange, has had plans in the works for a while and has now confirmed that it hopes to launch its platform beginning sometime early next year and that it will start with Bitcoin Core BTC futures. We will do this, and it is definitely happening. Long before the market turbulence.
Nasdaq Confirms Bitcoin Futures Plan: Early 2019 Launch Expected
Last week we reported on the Bloomberg report which stated Nasdaq was planning on launching a Bitcoin futures product by the end of Q1 Daily Express online media outlet on December 3. And that optimism could translate to increased confidence from other areas of the global financial industry, such as banks.
Based on the strength and certainty of the statement from Christinat, it appears Nasdaq has been looking into the cryptocurrency markets for some time and has carefully analyzed what role they might play. Christinat makes it clear that besides taking their time, Nasdaq has invested a good deal of energy and money into the adoption of blockchain technology. He made a compelling and encouraging statement to this effect and to the point of entering the market now:. If this is true, we could see quite a few Bitcoin futures products launching in Bakkt already has plans to do so, and if the CFTC is approving these products, there are any number of other venues who could see fit to introduce bitcoin futures.
Do you think Bitcoin futures are a good thing, or that derivatives of cryptocurrencies will ultimately harm the blockchain industry? Let us know below. Steve began his writing career covering financial markets nearly a decade ago. He discovered blockchain in and has been digging deeper into that realm ever since.
Nasdaq confirms it will list Bitcoin Futures. Rumours that Bitcoin would end up on the stock exchange's boards in are finally addressed by. Joseph Christinat, the vice president of Nasdaq's media team has confirmed that the company anticipates that its bitcoin futures markets will.
The Nasdaq is moving ahead with plans to launch bitcoin futures as early as next year, despite an ongoing bear market for crypto. The world's second-largest stock exchange is partnering with VanEck to launch cryptocurrency products, including derivatives, according to a representative from the investment management firm. Gabor Gurbacs, VanEck's director of digital asset strategy, confirmed previous reports of the bitcoin product during the "Consensus: Invest" conference in Manhattan on Tuesday.
Nasdaq has been at the forefront of distributed ledger technology adoption since it launched its blockchain-powered private share market, Linq, in In the first half of , Nasdaq is reportedly planning to launch bitcoin futures trading on its exchange platform.
Last week we reported on the Bloomberg report which stated Nasdaq was planning on launching a Bitcoin futures product by the end of Q1 Daily Express online media outlet on December 3.
