Crypto market update: Bitcoin futures rumored to have launched on Nasdaq
- Nasdaq announced in 2018 that it was considering offering Bitcoin futures in the first quarter of 2019.
- Ameritrade confirms traders with accounts having a minimum of $25,000 are allowed access to Bitcoin futures.
The cryptocurrency market is questioning the authenticity of the claim made by a popular qualitative analyst that he allegedly purchased a Bitcoin futures contract listed on Nasdaq’s TD Ameritrade futures. The broker, ‘Cryptopolis’ has $5.5 billion in yearly revenue. Other traders are yet to confirm if such futures are already being offered. However, Ameritrade has confirmed that traders with accounts having a minimum of $25,000 are allowed access to Bitcoin futures.
It is good to note that by the time of press FXStreet had not confirmed if Ameritrade is offering Nasdaq Bitcoin futures or it could simply be CME’s. Cryptopolis said via a tweet:
“BREAKING: BTC is now being traded on the Nasdaq! I bought one BTC through my TDAmeritrade account! According to the chart it started trading April 10, 2019!! Other digital assets are soon to follow!!”
The trader later published an update on the claim saying:
“UPDATE: According to TDAmeritrade support - it's not a real trade in my account - it appears they are testing only using their Paper Trading platform. Support said "I'm not able to speak on it" -They did not know what CXERX is. Strange... But something is going on for sure!”
The above claim is not unwarranted as Nasdaq announced last year that it was considering offering Bitcoin futures trading during the 1Q of 2019 in addition to the crypto desk launched in collaboration with VanEcK.
Author
John Isige
FXStreet
John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren
