The recent economic meltdown, largely associated with the outbreak of the novel coronavirus (COVID-19) saw major companies lose a huge
Bakkt is a Bitcoin futures trading platform oriented toward institutional investors. It was launched by the Intercontinental Exchange (ICE), which also operates the New York Stock Exchange (NYSE) on September 23rd, 2019.
The platform offers physically and cash-settled Bitcoin futures contracts, as well as options. Its warehousing solution is regulated and overseen by the CFTC, which provides institutions with an opportunity to receive exposure to Bitcoin’s price without worrying about its safekeeping.
Moreover, Bakkt worked closely with the Commodity and Futures Trading Commission (CFTC) in order to develop Bitcoin futures contracts which are transparent and appropriate, but also compliant with the existing Federal legislation.
The core product of Bakkt is the physically-settled Bitcoin futures contract. At the end of the expiration period of this contract, the trader will receive an actual bitcoin, rather than its cash equivalent. This is supposed to introduce more liquidity and stability on the market.
There are two types of these Bitcoin futures contracts. The first ones are settled daily, enabling users to trade in a same-day market. The other one is settled once a month and follows a larger price curve.
Recent Bakkt News
Days after the significant volatility and Bitcoin price declines, Bitcoin Options trading volume on regulated exchanges sees record-breaking lows. While
As the cryptocurrency market goes through one of its most vicious and swift crisis, Bakkt, the Bitcoin futures contract exchange,
The recent volatility in the global markets and the cryptocurrency markets has raised most trading volumes. Bitcoin options, for instance,
The owner of Bakkt, the Intercontinental Exchange (ICE), has agreed to acquire a leading provider of loyalty solutions for both
As of yesterday, February 4th, 2020, a multi-billion-dollar turn of events has just taken place in the international headlines. According
Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert. Furthermore,
The last week of trading has undoubtedly been a successful one for Bitcoin and the entire cryptocurrency market. BTC’s price
Bakkt, the Bitcoin Futures trading platform for institutions, had caused a lot of positive noise before its actual launch in
Kelly Loeffler, the former CEO of Bakkt, has recently taken a seat in the U.S. Senate for the state of