On December 9th news, XBTOGroup founder Philippe Bekhazi tweeted, "We like to be number one. XBTO Group has just conducted the first option transaction in Bakkt. Continue to maintain the tradition!" The new derivatives contracts are open for trading, which are options based on Bakkt Bitcoin monthly futures (code BTM) and Bitcoin monthly cash delivery futures (code BMC). Data show that currently there is no transaction for Bitcoin monthly cash delivery futures.