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Nasdaq is set to launch bitcoin futures





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  • Nasdaq, the exchange operator based in New York, is preparing to launch a bitcoin futures contracts.
  • Bitcoin, the red-hot cryptocurrency, soared over $11,000 on Wednesday.
  • Bitcoin futures would allow investors to bet on the future price of bitcoin.

Nasdaq is hopping on the bitcoin bandwagon.

The exchange operator is set to launch a bitcoin futures product next year, a person familiar with the matter told Business Insider.

Two Chicago-based exchanges, CME and Cboe, have announced their own bitcoin futures products. Such products would likely dampen bitcoin’s spine-tingling volatility and help the coin further push into the mainstream.

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Source:: BusinessInsider.Com

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