RATE Group | Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option
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Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option

23 Jul Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option

Posted at 20:52h in Bitcoin News by

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Over the last few months, the interest surrounding cryptocurrency derivatives products has been growing fast. For some time now, open interest in CME’s bitcoin futures has been breaking records. Bakkt’s futures platform began testing contracts on Monday and the company says there are participants from all around the world. Elsewhere, bitcoin derivatives provider Ledgerx is listing a huge $100K call option with a December 2020 expiry.

Also read: Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

Bakkt Begins Testing Its Daily and Monthly Physically-Settled Bitcoin Futures

On July 22, the Intercontinental Exchange’s (ICE) long-awaited cryptocurrency futures trading subsidiary Bakkt began testing its futures contracts. “Today kicks off user acceptance testing ICE markets for the Bakkt Bitcoin daily and monthly futures contracts. Testing is proceeding as planned with participants from around the world,” Bakkt tweeted on Monday. The…

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