September 20, 2020

Bitkt futures record set on Bakkt platform

Bitkt futures record set on Bakkt platform

Bakkt digital asset futures volumes hit a new all-time high writing an article 452 contracts were sold.

According to the Intercontinental Exchange (ICE),operator Bakkt, the last recorded trading price was set at $ 7,400 for bitcoin. In November 2019, 441 contracts were sold, in December - 11 futures contracts, the last recorded trading price was $ 7,407.

Bitkt futures record set on Bakkt platform

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Twitter account Bakkt Volume Bot, which monitors activity on the platform in real time, said that by the end of the day the number of futures BTC-contracts will reach 1,089 BTC.

EToro Senior Analyst Mati Greenspan also noted an increase in contract volume at the beginning of the day.

In October, ICE held its first auctionBitcoin Futures on Bakkt. The company said that the transaction was concluded between the bank-seller of digital assets Galaxy Digital and the crypto investment company XBTO.

“Last week, we bought the first Bakkt Bitcoin contract and made the first physical delivery of a digital asset in accordance with applicable laws and regulations on commodity futures.

This week we completed the first block of trading. We are pleased to announce that the launch was successful and allows us to carry out major transactions ”, - commented on the deal at XBTO.