The rumor has been in the air actually for months. Sometimes this possibility has been affirmed in well known media. However,
It has been announced that the second largest stock exchange market in the world, NASDAQ, has already given official notice of the launch of Bitcoin Futures. The rumor has been in the air actually for months. Sometimes this possibility has been affirmed in well known media. However, on other occasions it has been said that maybe it is not true. What we did not have yet, was the official confirmation from NASDAQ itself.
Several well-known newscasts have been distributing the news these days. The expectation is over, apparently. Initially it was distributed by Bitcoin News and Bloomberg. The UK news service Express, was the first to ensure that Nasdaq would definitely launch its Bitcoin Futures within the first half of next year.
The Vice-President of the Nasdaq media team, Joseph Christinat, told Express: “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.” This is the official notice that has circulated in various media.
Christinat added: “We’ve seen plenty of speculation and rumors about what we might be doing, but no one has thought to come to us and ask if we can confirm it, so, here you go – we’re doing this, and it’s happening.” This notice from Joseph could represent a new positive impact for the Crypto markets in the coming months and in the coming year. It is a high legitimation for decentralized digital currencies and for the development of the Blockchain.
Joseph has also explained that “We’ve put a hell of a lot of money and energy into delivering the ability to do this and we’ve been all over it for a long time – way before the market went into turmoil, and that will not affect the timing of this in any way. No. Period. We’re doing this no matter what.”, as it has been reported by several media.
At this time, all that remains for the exchange is the final confirmation of the CFTC. This would also be the case of other players who are currently looking to launch their future Bitcoin as well. In the event that VanEck is associated with SolidX for a physically backed Bitcoin exchange fund (ETF), they are simply awaiting approval from the US Securities and Exchange Commission.
The situation of the Bitcoin market and cryptocurrencies is not the best at this time. Throughout the year 2018 there have been news of large technological developments on the Blockchain and major improvements in the technology of decentralized digital currencies. However, all this technological development has not translated into a rise in the market. It seems that there is an endless correction since the great milestone of December 2017 and January of 2018 occurred.
For this reason, the official presence of NASDAQ in a market directly associated with the most powerful digital currency in the market, could be seen as a symbol of support and legitimacy on the part of the major players in the world economy. This could become one of the positive factors that help reverse the current negative market. In any case, whether it succeeds or not in the immediate future, the NASDAQ Bitcoin Futures are seen as a very promosing sign for Bitcoin and other cryptocurrencies.
