Bakkt Is Scheduled to Start Testing Its Bitcoin Futures Contracts Today
Bakkt is scheduled to begin testing its bitcoin futures contracts Monday, more than six months after its originally planned launch date.
Bakkt’s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts.
It’s way too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, equity analysts at Oppenheimer & Co. said.
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.
Bakkt is finally launching Monday. Here’s what to expect from bitcoin’s first regulated, physically settled, institutionally focused futures market.
Bakkt said Wednesday it would start offering customers access to its secure bitcoin storage warehouse starting Sept. 6.