ICE CEO: Bakkt Will Launch Bitcoin Futures In ‘Very Near Future’
ICE CEO Jeffrey Sprecher said Bakkt will launch its physically-settled bitcoin futures soon, subject to regulatory approval.
Bakkt, the bitcoin subsidiary of NYSE owner ICE, has announced the launch date and specs for its Singapore-listed, cash-delivered bitcoin futures.
Bitcoin might become "digital gold," but first it needs to be used more in everyday business, said the Intercontinental Exchange's chief executive.
Newly appointed senator Kelly Loeffler is to join the committee that oversees the Commodity Futures Trading Commission, raising concerns of a possible conflict of interest.
Just 623 bitcoin futures contracts were traded during Bakkt's debut week.
Trading of Bakkt's physically-backed bitcoin futures kicked off today, with 28 contracts having changed hands so far.