Nasdaq to begin listing BTC and Ether indexes
This is very interesting news.
Nasdaq will begin listing both bitcoin and ether indexes.
More about it can be seen here:
The reason this is interesting to me relates to ETFs.
One of the major concerns for an ETF from the SEC is pricing.
Or should I say a big difference in prices between different exchanges.
Well, if the Nasdaq is now coming up with their own index, perhaps an ETF can pull prices from there for their ETF?
That would make sense to me.
Either way, this is good news.
Possibly great news.
Do you think this helps an ETF get approved?
The indexes will launch by the end of February.
About time!
it is about time!