Wow, Nasdaq is set to launch Bitcoin futuressteemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

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Nasdaq is set to launch bitcoin futures

* The exchange operator is set to launch a Bitcoin futures product next year

* Bitcoin futures would allow investors to bet on the future price of Bitcoin.

Nasdaq is hopping on the Bitcoin bandwagon.

This would be the third anuncement of bitcoin futures after two Chicago-based exchanges, CME and CBOE, have also announced Bitcoin futures products, which would allow investors to bet on the future price of Bitcoin

They would also be likely to dampen bitcoin's spine-tingling volatility and help the cryptocurrency push further into the mainstream.

2Q 2018

The firm is planning to launch the product in either the second or third quarter of 2018.

The futures contract would be based on 50 indexes.
CME's product, by way of comparison, is set to be based off of four indexes. The company went with a later launch date because it wanted to give customers enough time to vet the product.

Nasdaq changes of opinion

This movement is a significative signal that Bitcoin is getting the confidence of markets, Nasdaq doesn’t tend to get engaged in the bleeding edge, which has been less bullish on cryptocurrency than other Wall Street firms.

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7 years ago by

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      ·  7 years ago 

    Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
    http://www.businessinsider.com/nasdaq-set-to-launch-bitcoin-futures-2017-11

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      1 vote
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        ·  7 years ago 

      nice post

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          ·  7 years ago 

        @mrainp420 has voted on behalf of @minnowpond.
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            ·  7 years ago 

          @driva has voted on behalf of @minnowpond.
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              ·  7 years ago 

            @eileenbeach has voted on behalf of @minnowpond.
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                ·  7 years ago 

              This post has received a 0.92 % upvote from @buildawhale thanks to: @cryp2me. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

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                  ·  7 years ago 

                Resteem by @jossylink

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                    ·  7 years ago 

                  Este Post ha recibido un Upvote desde la cuenta del King: @dineroconopcion, El cual es un Grupo de Soporte mantenido por 5 personas mas que quieren ayudarte a llegar hacer un Top Autor En Steemit sin tener que invertir en Steem Power. Te Gustaria Ser Parte De Este Projecto?

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                    [-]
                      ·  7 years ago 

                    If you can get Bitcoin options going then that would offer some rich premium for premium sellers to take advantage of (given the magnitude of volatility of Bitcoin).

                    I just wouldn't get naked short Bitcoin as that could wipe somebody out...

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                        ·  7 years ago 

                      Congratulations @cryp2me!
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