Intercontinental Exchange (ICE), the parent company of the NYSE, has revealed the launch date for BTC futures on the Bakkt platform.
According to an official release, ICE plans to list Bakkt Bitcoin Daily Futures Contracts from December 12. Futures will be available for trading. The release states: “Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day.” There are also plans to add pounds sterling and euro to the list of fiat currencies.
The Bakkt platform was launched earlier this year; it offers the trading, storing and spending of digital assets. It considers by many to be a leading institutional company, which will transform the digital assets market to adapt it for traditional financial entities.
Source: ICORating.
