According to Forbes, Interlake Technologies CEO Wayne Chen said that Bakkt started a bitcoin futures contract transaction, which is a positive development for Bitcoin. He said: "ICE's launch of the Bitcoin futures contract is a major advancement in bitcoin futures trading. Bitcoin is considered a commodity by regulators, and adding it to futures contracts is the right move." Bitcoin futures for Wall Street Not new. He added, "Bitcoin futures trading has been the focus of adoption of CME in December 2017. Although the transaction was settled in cash rather than physical bitcoin, it provided the legitimacy of bitcoin mainstreaming. Ultimately, Investors offer more comfort and assurance."