Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What to Expect

Bakkt is finally here. After two delays and 13 months of questions, the Intercontinental Exchange-backed bitcoin warehouse and futures contract facilitator is launching Monday, opening the door for institutional investors to take positions on the cryptocurrency in a federally regulated venue. Trading is set to open at midnight UTC and close at 22:00. For the […]

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What Happened: Why the First US Physical Bitcoin Futures Haven’t Launched

UPDATE (August 1, 2019, 19:30 UTC): LedgerX press representative Ryan Gorman told CoinDesk he will no longer be representing the company as of Thursday over ‘concerns‘ about the company’s failed launch of physical bitcoin futures. UPDATE (August 1, 2019, 16:10 UTC): In a series of tweets Thursday afternoon, LedgerX CEO Paul Chou said the CFTC […]

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Futures Industry Association Blasts New Bitcoin Derivatives

Days after CME Group and the CBOE announced their bitcoin futures contracts launch dates, U.S. clearinghouses are expressing concerns over how these products were developed. In an open letter to the Commodity Futures Trading Commission (CFTC), Futures Industry Association (FIA) chief executive Walt Lukken said members of the organization are worried about their exposure to […]

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