Bakkt Will Launch Bitcoin Options on Futures on December 9

2019-10-25 17:43

Coinspeaker
Bakkt Will Launch Bitcoin Options on Futures on December 9

It has become known that in less than 2 months, Bakkt will introduce its regulated options contract for Bitcoin futures by December 9, 2019.  According to the blog post published by the company,  for the launch of these BTC options, Bakkt will use its Monthly Bitcoin Futures contracts.

This will be a major milestone for Bakkt driving further the institutional participation in the crypto market. Bakkt CEO Kelly Loeffler made the announcement today. In a blog post, she wrote:

“We’re committed to bringing trust and utility to digital assets and the options contract is an example of the many products we’re developing for regulated markets. The Bakkt Bitcoin Options contract will be based on the benchmark Bakkt Monthly Bitcoin Futures contract and represents another important step in developing this asset class for institutional investors, their customers and investors”.

Loeffler also highlighted some of the key features of Bakkts Bitcoin Options Contracts which include Capital efficiency, Cash or Physical Settlement, Attractive Fees, European Style Option, Instant Messaging, Broad Distribution and Liquidity, Block Trades, and Options analytics.

The Bakkt CEO also said that they have self-certified the Bitcoin Options contracts with the CFTC. Besides, Bakkt will be leveraging its institutional-grade custody solution and benchmark futures prices to meet the requirements of a regulated options contract.

Bakkt has kept a complete fee waiver for the December options contracts trading. However, January 2020 onwards, it will introduce a fee of $1.25 per options contract traded.

Bakkt is Back in the Game After a Slow Start

Exactly, a month back on September 23, Bakkt launched its physically-settled Bitcoin futures contracts in the market. Initially, the Bitcoin futures contracts received a mild response from the market as it failed to stir the institutional momentum.

However, in the last two weeks, Bakkt has strongly caught the momentum as the volume for its Bitcoin Futures exploded by over 800%. It shows a clear surge in the demand for the Bakkt Bitcoin Futures in the crypto market.

In another latest report by Cointelegraph, Bakkt has attained another milestone with over 450 Bitcoin Futures contracts traded for November 2019 series.

Bakkt’s current market rival CME has been working on its options contract launch. CME recently said that there is a massive appetite among institutional players for the Bitcoin Futures contracts, and so there is also a simultaneous demand for the options contract. CME said that it will be launching its options contracts in Q1 2020.

Today’s Bakkt announcement of its Bitcoin options contracts offering comes as a major surprise. Moreover, its early launch in December 2019 might give Bakkt an early lead over CME in the options game.

Bakkt Will Launch Bitcoin Options on Futures on December 9

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98646.82 (+0.15%)
Объем 24H $66.666b
Изменеия 24h: 0.12 %, 7d: 7.95 %
Cегодня L: $98439.13 - H: $99414.82
Капитализация $1951.656b Rank 1
Цена в час новости $ 9256.24 (965.73%)

december options bitcoin launch futures bakkt traded

Источник: coinspeaker.com

december options → Результатов: 53


Фото:

Nevada man charged for allegedly running $11M Bitcoin Ponzi scheme

A man in the US has been charged for allegedly operating an $11 million Bitcoin Ponzi scheme. The US Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action yesterday, charging David Gilbert Saffron of Las Vegas, and Circle Society, Corp, with “fraudulent solicitation, misappropriation, and registration violations.

2019-10-17 14:34


Фото:

Cboe Will Not Relist Bitcoin Futures Contracts for March

The Chicago Board Options Exchange (Cboe) announced that it will not list upcoming Cboe Bitcoin (“XBT”) futures contracts for trading in March 2019. The Cboe Futures Exchange said that the company is “assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading,” stating that it has no intention to list additional contracts for trading relating to the cryptocurrency.

2019-3-16 01:00


Фото:

CBOE and CME Bitcoin Futures See Lowest Volumes Since Launch

Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) have seen the lowest Bitcoin futures volumes since they launched to much fanfare in December 2017.   Battle Of The Markets New research by TradeBlock shows that at their summer 2018 peak, combined trading volumes reached near-parity with spot trading volumes across five top US exchanges.

2019-2-9 03:00


Фото:

Triip Travel Impact Company Adds Ether (ETH) and Tomochain (TOMO) to List of Payment Options

Triip, a Singaporean, global travel platform that claims to make it possible for travelers to enjoy exciting private tours by offering them frictionless hotel booking experiences in 227 countries, has announced that its clients will soon be able to book their travels with Ether and TOMO tokens, according to local news source Digital News Asia on December 13, 2018.

2018-12-15 19:00


Фото:

The SEC Is Delaying Another Bitcoin ETF Decision

The United States Securities and Exchange Commission (SEC) is in no hurry to review the pile of Bitcoin ETF filings it has been accumulating over the past year. Not three weeks since postponing its decision on five other Bitcoin ETFs, the SEC has indicated in a public statement that it will be delaying its decision to approve or reject SolidX Bitcoin Shares until late September.

2018-8-8 17:15


дальше еще 4 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bakkt Boss is the Choice for Vacant Georgia Senate Seat

Endorsed by Gov. Brian Kemp, Kelly Loeffler, CEO of the Bakkt bitcoin futures exchange, will be offered a US Senate seat next week,  Bakkt Boss Takes Hot, Disputed Spot in Senate Loeffler will displace the previously offered candidate, U.