Bakkt Launches Bitcoin (BTC) Futures At Last, Crypto Market Strong28.4

That’s right, at long last, Bakkt is ready to launch its Bitcoin (BTC) futures contract. In an announcement made Monday morning, the Intercontinental Exchange (ICE)-backed company broke down the product, slated to be an absolute game-changer for the crypto market across the board.

Revealed Monday, Bakkt, the Intercontinental Exchange’s independent crypto initiative, will be launching its physically-backed futures contract in June. According to a Medium update from its chief executive, Kelly Loeffler, the product will take two forms: 1) a daily settlement future; 2) monthly futures. This confirms rumors that the platform was looking to launch a vehicle for a same-day market. Bakkt expects the soft launch of this product by July, explaining that it intends to iron out any kinks in the coming weeks.

Original source
https://www.newsbtc.com/2019/05/13/bakkt-launches-bitcoin-btc-futures-at-last-crypto-market-strong/

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