Bakkt

The Bakkt cryptocurrency platform will launch the first regulated Bitcoin options on December 9. The Bakkt Bitcoin Options contract will be based on the benchmark Bakkt Monthly Bitcoin Futures contract and represents another important step in developing this asset class for institutional investors https://t.co/4ZE0LIBJJP – Bakkt (@Bakkt) October 24, 2019 Underlying asset of contracts will be Bakkt's monthly delivery futures, which […]

In October, traders doubled the amount of open long positions in bitcoin futures from 500 BTC to more than 1000 BTC on the Chicago Mercantile Exchange (CME). Long positions held by institutional accounts at the CME have been rising again in October. For reference, institutions include pension funds, endowments, insurance companies, mutual funds & portfolio / investment managers whose clients are […]

Financial corporation Fidelity Investments began a full-scale launch of a custodial service for institutional bitcoin investors after almost a year of closed testing, CEO Abigail Johnson told the Financial Times. “It's not going away. As long as the value is there, people will look to preserve that value. ”@Fidelity CEO Abby Johnson, on #digitalassets with @financialtimes @RobinWigg https://t.co/qR4N7Hhn1Z – Fidelity […]