Post
Topic
Board Economics
Re: Bitcoin and Nasdaq and NYSE
by
Juggy777
on 30/11/2018, 14:44:55 UTC
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto

While Nasdaq has confirmed plans to launch bitcoins futures, the fate of Bitcoins ETF is not clear for now as the chairman of sec wishes to see better market surveillance and custody before approving them. I believe the twin news of Bakkt launch and Nasdaq futures can power up the prices going ahead in 2019, it's too early to say if we'll see a rally like we saw last year. However I'll agree Nasdaq is big household name, and we could see institutional investors money flowing into market via the futures route.