Physical Bitcoin delivery of Bakkt futures rose 44% in March

posted 15 days ago
Futures contracts delivered in Bitcoin through the Intercontinental Exchange (ICE)’s Bakkt platform continue to see strong volume, despite a tumultuous month for the markets. As of March 20th, the number of traders opting to receive physical delivery of Bitcoin rose by 44% this month.

Bakkt’s Bitcoin futures contracts —which gives traders direct exposure to the asset, also the first of their kind to be physically settled in Bitcoin— first went live in September 2019.
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