NASdaq Inc. is still planning to launch its Bitcoin (available on Coinbase) futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin (available on Coinbase) project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts.

Bitcoin (available on Coinbase) Futures

Bitcoin (available on Coinbase) (BTC) has plunged nearly -75% since the beginning of the year and interest in digital currencies has dramatically decreased. Still, the Wall Street exchange feels there is enough investor interest to continue its plans. One of the individuals at NASdaq told Bloomberg that the company has been working diligently to satisfy the concerns of the Commodity Futures Trading Commission before launch.

The first Bitcoin (available on Coinbase) futures were launched mid-December 2017 by the CME Group Inc. and CBOE Global Markets Inc. Bitcoin (available on Coinbase) (BTC) saw its record high of nearly $20,000 a coin after the first set of Bitcoin (available on Coinbase) futures were launched. At press time, BTC is currently trading at just over $3,700. In December, many thought that these future contracts would usher in a new wave of investment from Wall Street investors, but the fall of digital currencies in 2018 proves that wasn’t the case.