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Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange.Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC).Total open interest – an indicator of the
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Wall Street-esque Bitcoin options have experienced a massive rise in popularity this year, recording hundreds of millions in volume across various exchanges. However; one major player continues to disappoint. Bitcoin Options go to Zero Bakkt – once touted as the poster child for the institutionalization of Bitcoin – seems to have lost
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Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15. Source
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Bitcoin options have experienced a massive rise in popularity this year. The Wall Street-esque financial tool allows traders to speculate on future values of an underlying asset – usually with huge leverage and the potential for life-changing payouts. Deribit Leads Race A report by on-chain analytics firm Skew on March 10 showed
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The Intercontinental Exchange’s digital asset custody and derivatives platform Bakkt has partnered with crypto asset manager Galaxy Digital to launch a ‘white glove’ service for institutions seeking Bitcoin (BTC) exposure.The collaboration will see Galaxy Digital Trading’s (GDT) matching engine and trading platform offered alongside Bakkt’s digital asset custody services. “We designed
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Reading Time: 2 minutes by Ash T on June 10, 2020 Bitcoin According to a press release issued on June 10, 2020, Bitcoin (BTC) trading platform Bakkt has joined forces with digital asset investment management firm Galaxy Digital to offer secure and efficient means of buying, selling, and storing the premier cryptocurrency for asset
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Two New York-based crypto companies hope to scoop up growing institutional demand for physical bitcoin. Announced Wednesday, Galaxy Digital’s trading arm and regulated bitcoin futures provider Bakkt said their new service – which has yet to be named – will offer asset managers, and other institutional investors, a new “white-glove”
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Republican Senator and former Bakkt CEO Kelly Loeffler may find herself up against a better-organized and more supported Democratic candidate in November’s special election.Early returns are still coming in from the June 9 Democratic primary determining the challenger to David Perdue’s U.S. Senate seat in Georgia. However, at press time,
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Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.Intercontinental Exchange’s (ICE) digital asset platform Bakkt is making much faster inroads in the Bitcoin Futures market. With the rising institutional
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Institutional-grade Bitcoin (BTC) trading platform Bakkt could soon see its app hitting the market. Bakkt President, Adam White, on May 18, 2020, stated that highly-anticipated app is open for sign-ups for exclusive updates and early access. Bakkt Bitcoin App Coming Soon Bakkt, the high-profile Bitcoin trading platform geared toward institutional investors
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