TD Ameritrade and Nasdaq appear to be testing a BTC and LTC spot trading feature that could open the floodgates for institutional adoption of Bitcoin and cryptocurrency.
Bitcoin Trading on TD Ameritrade and Nasdaq?
On Monday (April 22, 2019), a Twitter user called “Cryptopolis” announced that BTC trading on the Nasdaq via the TD Ameritrade brokerage platform. Understandably, the new caused a stir within the “cryptocurrency Twitterverse.”
BREAKING: BTC is now being traded on the Nasdaq! I bought one BTC through my TDAmeritrade account! According to the chart it started trading April 10, 2019!! Other digital assets are soon to follow!! pic.twitter.com/1VgE1Whoa4
— Cryptopolis (@cryptopolis_x) April 22, 2019
However, it turns out that the trade was only a test with TD Ameritrade apparently trying out BTC trading via their Paper Trading desk.
Cryptopolis, who identifies as a quantitative analyst at trading analytics service firm StrongMarket, says Nasdaq may also be collaborating with TD Ameritrade.