Despite the current market dip, Nasdaq’s Vice President of media team, Joseph Christinat, has announced the exchange would launch bitcoin futures in the first half of next year, Express reports.
Nasdaq is an American over-the-counter market specializing in high-tech companies. It’s the second largest stock exchange in the world.
“Bitcoin futures will be listed and it should launch in the first half of next year – we’re just waiting for the go ahead from the CFTC but there’s been enough work put into this to make that academic,” said Joseph Christinat.
Previously, iHodl reported Nasdaq was preparing to launch its bitcoin product in the first quarter of 2019. It’s said the exchange was planning to create bitcoin futures on the model of total returns, based on the current, not the future price of the cryptocurrency.
Meanwhile, it became known that the launch of the institutional bitcoin platform Bakkt, the first products of which should be bitcoin futures contracts with physical delivery of the asset, will take place no earlier than January 24, 2019.
Earlier, Chairman of the New York Stock Exchange (NYSE) & CEO of International Exchange (ICE), Jeffrey Sprecher, shared his positive vision concerning the future of crypto market at the Consensus Invest conference in New York.
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