Nasdaq joins the Wall Street gold rush to offer bitcoin futures
https://qz.com/1141524/bitcoin-price-at-11000-as-nasdaq-plans-bitcoin-futures/
If you’re worried about the soaring price of bitcoin, the financial industry has a solution: Bitcoin derivatives.
The Nasdaq exchange will offer bitcoin futures in the first half of next year, the Wall Street Journal reported (paywall), while brokerage Cantor Fitzgerald plans to launch bitcoin derivatives on its own exchange around the same time. Nasdaq and Cantor follow the Chicago Mercantile Exchange (CME), which was the first major financial institution to develop bitcoin derivatives. The CME’s bitcoin futures contracts launch next month.