According to Bloomberg two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.

Nasdaq has been working to satisfy the concerns of the U.S.’s main swaps regulator, the Commodity Futures Trading Commission, before launching the contracts, the people said. The New York exchange operator, which was first reported to be eyeing Bitcoin futures last year, wants to allow trading in the first quarter of 2019, one of the people said.

Bitcoin futures briefly captivated the financial world — and drew resistance from large derivatives brokerages — when CME Group Inc. and Cboe Global Markets Inc. used an expedited self-certification process to bring their contracts to market last December at the height of the global crypto craze. Despite lofty hopes that Bitcoin futures would usher in a new era of institutional crypto investment, trading in them has been modest and the digital currency has plunged from around $20,000 to less than $4,000.

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