NEW YORK (Reuters) - Nasdaq Inc (O:NDAQ) plans to launch a futures contract based on bitcoin in 2018, making it the third U.S.-based exchange operator to plan derivatives contracts off of the notoriously volatile digital currency, a source with knowledge of the matter said on Wednesday.
The price of bitcoin topped $11,000 on Wednesday just a day after passing the $10,000 mark and has increased more than 10-fold in value so far this year, prompting concerns of a bubble.