Bakkt Plans to Roll Out Cash-Settled Bitcoin Futures Contract

Cointelegraph | Nov 13, 2019 at 12:31 PM
  • Futures trading on the Intercontinental Exchange (ICE)’s Bakkt platform will expand to include a cash-settled option, COO Adam White has revealed.
  • Numerous commentators have considered that physically-delivered Bitcoin futures trading, which gives traders direct exposure to the asset, represents a leap forward for the institutional acceptance of the coin.
  • Yesterday, 224 Bakkt Bitcoin monthly contracts were traded.