It’s great for enthusiasts and the crypto community as is possibly testing the of a -based product. Cryptopolis, a quantitative analyst at StrongMarket, tweeted about purchasing one on the Nasdaq platform through his TD Ameritrade account.
Cryptopolis also noted that the was available since April 10 on the Nasdaq platform.
BREAKING: is now being traded on the Nasdaq! I bought one through my TDAmeritrade account! According to the chart it started April 10, 2019!! Other digital assets are soon to follow!! 🚀🚀🚀
— Cryptopolis (@cryptopolis_x)
As we can see, () was against the U.S. Dollar under the ‘CXERX’ ticker symbol. However, Cryptopolis laters spoke with the support team of TD Ameritrade to clarify this matter. It turned out that this was just a test on Paper platform meaning that you can just simulate a () buy, but not actually purchase it.
However, the support denied giving additional details regarding this matter. In another , Cryptopolis wrote:
“UPDATE: According to TDAmeritrade support – it’s not a real trade in my account – it appears they are testing only using their Paper 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!”
Nasdaq’s bitcoin Trading to Trigger Next Bull Run
Undoubtedly, the availability of on the Nasdaq platform could trigger the next bull-run in the crypto market. It would be huge for the overall crypto community as this could lead to a flood of institutional money flowing into the crypto market.
Since long, Nasdaq has been to step in the crypto market through one or the other route. Nasdaq already provides several crypto exchanges with real-time information on two indices – and . If the world’s second-largest stock exchange allows , it will open the floodgates for huge investor participation.
Furthermore, Nasdaq is most likely to launch its futures contracts along with VanEck in the first half of 2018. A Bloomberg report released in November 2018 :
“Nasdaq has been working to satisfy the concerns of the U.S.’s main swaps regulator, the Commodity Futures Commission, before launching the contracts, the people said. The New York exchange operator, which was first reported to be eyeing futures last year, wants to allow in the first quarter of 2019, one of the people said.”
Nasdaq is most likely to be accompanied by another big player – – who is planning for futures launch ahead this year. The year 2019 is likely to bring some of the most interesting developments in the crypto market.
Since the beginning of April 2019, and the overall crypto market has created a fresh new hope after months of massive crypto winter. price has surged by nearly 30% in the last three weeks as it sets its for $6000. Similarly, the overall market has added $40 billion since April 1, as majorly participate in this month’s bull run.
Published at Wed, 24 Apr 2019 07:07:28 +0000