Bakkt Bitcoin Options and Cash Settlement Bitcoin Futures Officially Launched

Author: Liang CHE

Bitcoin options and cash-settled bitcoin futures of crypto trading platform Bakkt were officially launched on Monday.

According to Bakkt's official website, cash-settlement Bitcoin futures contracts (Bakkt ™ Bitcoin (USD) Cash Settled Monthly Futures) and Bakkt Bitcoin monthly futures options contracts (Options on Bakkt ™ Bitcoin (USD) Monthly Futures) on December 9th Singapore, London and New York have started trading.

Cash-settled monthly Bitcoin futures contracts will be listed on ICE Futures Singapore and settled by ICE Clear Singapore, both of which are regulated by the country's central bank, the Monetary Authority of Singapore (MAS). Cash-settled Bitcoin futures contracts will be settled at the price of Bakkt's physically settled Bitcoin futures contracts launched in the United States. The contract size is 1 Bitcoin and is settled in USD.

Bakkt's Bitcoin options product is based on its monthly Bitcoin futures. On Monday, crypto exchange OKEx also announced that it will launch bitcoin options trading on December 27, after the CME Group announced that it would launch bitcoin options on January 13, 2020.

Last week, Georgia Governor Brian Kemp officially appointed Bakkt CEO Kelly Loeffler as a U.S. senator. Loeffler will take office on January 1, 2020, and it is unclear whether her successor, Adam White's current chief operating officer, Adam White, will likely be Bakkt's CEO after Loeffler's new role.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Opinion

Wall Street Journal Binance Empire on the Verge of Collapse

After the collapse of FTX, the largest cryptocurrency exchange in the world seems to be Binance. However, less than a...

Blockchain

The Stock Exchange technology drives the AAX Exchange to be officially launched, and the four dimensions define the new industry standards.

Lead: As a next-generation digital currency trading platform, AAX leverages LSEG's Millennium ExchangeTM engine ...

Blockchain

Analysis: How does the value chain of the blockchain industry work?

Over the past few years, blockchain technology has evolved from a purely technology to a multi-billion dollar industr...

Blockchain

Will NOVA be the next Pepe? Analysis from the perspective of trading techniques.

"Ten years of speculation in cryptocurrency can all be in vain, but a successful gamble on meme can make you live in ...

Market

Wu's Weekly Picks CoinEX attacked, FTX's coin selling rules, Binance US layoffs, and Top 10 news (September 9-15)

Author | Wu's Top 10 Blockchain News This Week. US August Unadjusted CPI Annual Rate 3.7% Core...

Blockchain

Intercontinental Exchange CEO: The bear market will boost the implementation of the Bakkt Bitcoin futures program

According to Coindesk's May 3 report, an executive at Bakkt's parent company on the Bitcoin Futures Exchang...