Nasdaq, the leading benchmark for US technology equity launched Brave New Coin's Bitcoin and Ethereum Liquidity Indexes (BLX and ELX) on its platform which hosts 4,000 global indices. BNC is also close to launching an XRP liquid index, tracking Ripple's crypto asset.
A week after the first major crypto announcement of 2019, Nasdaq today started its listingof Brave New Coin's BLX and ELX indices for Bitcoin and Ethereum.
This institutional endorsement is what investors have been waiting for as Nasdaq has plans to launch a bitcoin futures market alongside Intercontinental Exchange's (ICE) Bakkt futures market which was due to launch on its platform on January 23 but has since been pushed back to an undetermined date in Q2 2019. Efforts are still underway by several vendors to bring the first bitcoin or ethereum ETF to the US market. More
|