Bakkt has announced detailed specifications of options and cash delivery contracts, which will be open for trading at the same time next Monday

Bakkt, a cryptocurrency derivatives exchange under the Intercontinental Exchange Group (ICE), will launch two new derivative contracts on December 9th, based on options for Bakkt's monthly monthly Bitcoin futures (commodity code: BTM), and monthly Bitcoin Cash delivery futures (commodity code is BMC), and the detailed specifications of these two contracts have been published on the official website. Cash delivery futures have been generated in the system for 12 consecutive months as futures contracts with expiry dates, but they have not been traded so there is no market data.
Bakkt's cash delivery bitcoin futures contract will be traded through ICE's subsidiary in Singapore, ICE Futures Singapore, and cleared by clearing house ICE Clear Singapore, both of which are regulated by the Singapore Financial Supervisory Authority (MAS).