Winter: Institutions prefer to trade cash-settled mainstream currency futures contracts

Snowball Blockchain Analyst and BFX.NU Consultant Wei Dong said on Weibo today: "I believe that there are more institutions now entering the field of digital currency, but unlike in the past, these institutions are more inclined to choose to use Cash or stablecoins are used to trade mainstream currency futures contracts. The most obvious example of this is that after Bakkt opened a monthly bitcoin contract with cash as the settlement method, the transaction volume reached the settlement in kind in less than one day. As much as twice the number of bitcoin monthly contracts, this is indeed exciting. At the same time, as digital currency derivatives become more abundant, investors in the field will also undergo a major shift in investment methods. It is time to keep up with the ten-year cycle Say goodbye. "