On August 16, Dovey Wan, founding partner of Primitive Ventures, explained on Weibo that Bakkt will launch bitcoin futures contracts on September 23 for four reasons: 1. Physical delivery requirements from existing Bitcoin circulation continues to purchase bitcoin to complete delivery; 2. Bakkt designed a day of futures, basically close to the spot, delivery speed will be very fast, liquidity can be expected; 3. Bakkt can not print counterfeit currency, water injection, make opponents , the needles and other exchanges are common operations, so it is a normative role model for the entire industry; 4. The largest channel for compliance agencies to enter.