NASDAQ wants to enable Bitcoin futures too

NASDAQ, collaborating with Cantor Fitzgerald LP, a company that specializes in equity investments, plans to introduce the trade option that could satisfy careful traditional investors who, despite their desire not to risk, want to invest in cryptocurrency. This is Bitcoin futures, where you can bet on the possible price the world is going to witness soon, but without actually possessing cryptocurrency.

Chicago-based CME Group and two Swiss organizations previously voiced the same idea, but now the race for being the first platform ever to introduce BTC futures is joined by one of the most respected financial platforms of all time. Some media outlets, however, note that the big number of derivatives of real estate assets was what ultimately led to the financial crisis in 2008, but before something similar happens on the digital market, we are likely to see the further rise of the price of Bitcoin.

And what about other cryptocurrencies? Here, it’s not as grand: there were messages of some lesser platforms planning to launch Ethereum derivatives, but the interest of the traditional market towards Ethereum is currently incomparable to the situation with Bitcoin. However, it is safe to assume that at the beginning of this year, only few people thought NASDAQ is going to voice such plans, and the situation changed dramatically since then. Ethereum and possibly Ripple will have their days of glory too.