Nasdaq Stock Exchange Is Making Plans To List Bitcoin Futures in Q1 2019

According to Bloomberg, the Nasdaq Stock Exchange is reported to be moving ahead with their plans to list Bitcoin Futures starting in Q1 of 2019. This confirms the news we heard earlier in the year where the Nasdaq Exchange was thinking about this, but it seems their plans are more solidified now. It is another signal of the crypto market growth that is ahead as Bakkt will launch on January 24th, 2019, Fidelity and TD Ameritrade’s ErisX will also launch in 2019 and the SEC approving a Bitcoin ETF could also take place in Q1 2019.

In January 2018, Nasdaq Chief Executive Officer Adena Friedman said the exchange was weighing how to distinguish its plans from contracts already offered by competitors. The Nasdaq’s competitors CME Group and Cboe Global Markets have launched their own futures markets in December 2017. With help from asset-manager VanEck, Nasdaq’s futures will be based of the price of Bitcoin across multiple spot exchanges, according to the report.

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