Major U.S. stock market NASDAQ still intends to launch Bitcoin futures and will do so as shortly as Q1 2019, Bloomberg reported Nov. 27.

Quoting “two individuals aware of the matter,” the publication said momentum was building towards a possible launch early next year.

The move comes despite the downswing in Bitcoin (BTC) costs to 13-month lows, marking the tail end of a testing year for existing Bitcoin futures products.

According to the 2 nameless sources, NASDAQ “has been operating to satisfy the issues of the U.S.’s main swaps regulator, the commodity Futures trading Commission [CFTC], before launching the contracts.”

Just over a year agone, the exchange initial instructed it'd launch futures by mid-2018, creating the announcement shortly once CBOE and CME group set the launch date for the industry’s initial such futures at the top of November 2017.

The plans didn't go ahead, and Nasdaq’s offering can seemingly now come to promote later than multiple major competitors in ancient finance, as well as the intercontinental Exchange’s Bakkt, that ought to launch physical Bitcoin futures January. 24.

Regulatory and alternative preparations had forced executives to delay the rollout by around six weeks.

The enthusiasm from NASDAQ suggests the recent volatility in Bitcoin costs doesn't concern Wall Street, with CME in October likewise reportage interest in them had markedly accumulated quarter on quarter this year.

Nasdaq, the sources added to Bloomberg today, is “betting on sustained interest” going forward.

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