According to CoinGape, Jenkifer Ilkiw, vice president of ICE at Bakkt, said in an interview with Edge Markets that more and more institutional investors are interested in bitcoin futures trading. According to Ilkiw, institutional investors are unable to make the same transactions on existing exchanges because those exchanges are still unregulated entities. In addition, many exchanges lack risk management procedures and comprehensive market surveillance systems to monitor spot market manipulation. Ilkiw said: "We have a lot of high-frequency trading users interested in it. There are also institutional fund managers and brokers who tell us that they want to trade bitcoin futures."