Nasdaq Bitcoin FuturesThe launch still remains subject to approval from the US Commodity Futures Trading Commission (CFTC). Christinat told The Express:
"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.”This is a positive announcement for crypto enthusiasts. Most crypto-related projects that sprouted up in 2017 were knee-jerk reactions to what was hot in the market. This, however, seems like a thoroughly thought out plan that has been brewing for a while. Joseph Christinat's interview did not confirm whether Nasdaq's Bitcoin futures will be cash-backed or physically settled. Bakkt will be launching the first physically delivered Bitcoin futures in this coming January. Cash-settled Bitcoin futures came into the market in December of 2017 by the CBOE and CME Group. >> CVS Health, Aetna, UnitedHealth Group, and Humana Trial Blockchain Technology for Healthcare Back in November 2017, Nasdaq announced the target launch of their Bitcoin futures to be by mid-2018. Their plans hit a snag when Bitcoin and cryptocurrencies began tumbling in the first half of 2018. These plans were pushed back to create a "unique enough" offering to the market.