How to buy a bitcoin and bitcoin futures trading on the NYSE and NASDAQ – Bloomberg
A bitcoin and cryptocurrency futures trading market has been established on the New York Stock Exchange (NYSE) and the Nasdaq, according to a new regulatory filing from the Securities and Exchange Commission (SEC).
In a regulatory filing published Wednesday, the SEC announced it would license the NYSEX-listed bitcoin futures market to a U.S. broker, a first for the exchange.
The agency also announced a deal to provide liquidity to bitcoin futures traders on the Nasd, which will have no restrictions on the trades of bitcoin.
In a separate regulatory filing released Wednesday, SEC Chief Counsel Mary Jo White announced that bitcoin futures could begin trading by the end of the year.
The NYSE-listed futures are similar to the futures offered by the Nasda, but the NYSP futures market was created to allow bitcoin traders to take advantage of its superior liquidity and transparency, according the SEC.
The NYSP will allow bitcoin trading on an exchange, as well as on the NASDAQ.
“The NYSex-listed exchange-traded fund (ETF) is the first such ETF in the United States, and it is a significant milestone for the ETF market,” said White in a statement.
“The ETF is designed to provide a liquidity service for the bitcoin markets and to enable liquidity to be made available to the ETFs trading market.”
The NYSCE-listed NYSE bitcoin futures were created in November, 2018 and will be available to investors in the U.K. and Canada.
The Securities and Exchanges Commission (S&E) will license the ETFN futures market, which is currently licensed to BATS, a Canadian exchange.