LedgerX announces they are first to launch “physical” Bitcoin futures in USA

posted 10 months ago
Bitcoin derivatives provider LedgerX said they launched the first physically-settled Bitcoin futures contracts in the US. The contracts, which will pay traders out in Bitcoin, rather than US dollars, will be available to both institutional and retail investors.

Customers will be able to deposit Bitcoin, rather than dollars, when buying a contract. LedgerX seems to have beaten Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX to the punch with its new offering. However LedgerX deleted their tweet announcing this(our source linked below) and everyone's saying they encountered a regulatory obstacle, meaning the US regulators may have denied them at the last minute.
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