Bakkt Launches Two New Financial Products

Bakkt Launches Two New Financial Products
фото показано с : beincrypto.com

2019-12-9 21:34

Bakkt has just released two new financial products: Bitcoin monthly options and Bitcoin cash-settled futures.

Bakkt is expanding its Bitcoin product ecosystem with two new financial products. Starting with Bitcoin-backed monthly futures, the exchange is now expanding.

One of the new financial products is Bitcoin (USD) Monthly Options. It is the first CFTC-regulated option on a futures contract for Bitcoin. Its benchmark will be the exchange’s original Bakkt Bitcoin Monthly Futures. According to the group’s latest blog post, Bakkt Bitcoin Options will offer “important hedging, trading and income-generating opportunities to market participants around the world.”

Secondly, the exchange is releasing Bitcoin cash-settled futures, which will be available on ICE Futures Singapore, an exchange based in Singapore open to investors in Asia. It provides an alternative to those who cannot participate in Bakkt’s physically-delivered Bitcoin futures.

Together, these two new financial products are building Bakkt’s momentum as it goes into 2020. The exchange says that new trading products, expanded custody services, a consumer payments app, and more are planned for next year.

However, not everyone is happy about Bakkt’s expansion and growth. Recently, as BeInCrypto reported, notable YouTuber Chico Crypto said that the company was effectively Wall Street’s attack on Bitcoin. Moreover, BeInCrypto recently covered concerns regarding Bakkt’s reserves. Although its Bitcoin futures markets are supposed to be physically-backed by actual Bitcoin, a little digging reveals that only 63% of its futures markets are BTC backed. This runs counter to Bakkt’s claim before launch when they claimed that their Bitcoin markets would not create a “paper claim” on a real asset.

Recently, Bakkt’s CEO was appointed as a Senator in the U.S. state of Georgia. The result has been institutional optimism over the company’s future, but the cryptocurrency community at large remains mostly neutral towards the exchange’s future prospects. Given that the CME Futures exchange has been widely blamed for Bitcoin’s 2018 fall, Bakkt will have to build up its reputation further to convince the naysayers.

Images are courtesy of Shutterstock.

The post Bakkt Launches Two New Financial Products appeared first on BeInCrypto.

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bakkt bitcoin → Результатов: 126


ICE-Backed Bakkt Exchange Rolls Out Cash-Settled Bitcoin Futures And BTC Options Products

On Monday, December 9, 2019, COO of Bakkt, Adam White announced the live action of two new bitcoin contracts: a Bakkt Bitcoin (USD) cash settled futures and monthly options. As per the blogpost, Bakkt has a benchmark contract that allows them to create products that satisfy customer needs and the aforementioned two products are meant […]

2019-12-9 18:57


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Bakkt Launching Cash-Settled Bitcoin Futures Contracts in Singapore

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2019-11-22 03:42


Фото:

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2019-10-25 08:18


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2019-10-25 18:32


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Криптовалютная платформа Bakkt запустит 9 декабря первые регулируемые биткоин-опционы. 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 https://t.

2019-10-24 17:30


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2019-9-20 13:45


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2019-9-7 21:03


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2019-9-6 19:34


Bakkt начинает 6 сентября оказывать криптовалютный кастодиальный сервис. Скоро — запуск фьючерсов

Трейдинговая платформа Bakkt объявила о том, что начиная с 6 сентября все, кто пожелает, смогут размещать на хранение свои криптовалюты в специальное хранилище Bakkt Warehouse. On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23…

2019-8-30 11:09


Фото:

Bakkt протестирует bitcoin-фьючерсы через 1,5 месяца

Тестирование фьючерсных контрактов на bitcoin на платформе Bakkt будет запущено в июле этого года. Соответствующая информация была представлена главой площадки в блоге проекта. Today, we’re pleased to update you on the launch of bitcoin futures contracts developed by Bakkt in collaboration with ICE Futures U.

2019-5-14 13:47