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 […]

Intercontinental Exchange, the operator of the Bakkt cryptocurrency platform, plans to launch new bitcoin derivatives. About it writes The Block, citing its own sources. According to their information, Bakkt will soon open trading on options for the first cryptocurrency. At the same time, the company hopes to get ahead of the Chicago Mercantile Exchange (CME Group), which previously announced the launch of bitcoin options in the first quarter of 2020. […]