A Month After Launch, Bakkt Bitcoin Options Volumes Are Lackluster

A Month After Launch, Bakkt Bitcoin Options Volumes Are Lackluster

Little more than a month after their launch, Bitcoin options contracts on ICE’s digital asset platform Bakkt appear to have seen sluggish uptake. Little more than a month after their launch, Bitcoin (BTC) options contracts on the Intercontinental Exchange’s digital asset platform Bakkt appear to have seen sluggish uptake.The latest available reports for the contract, Jan. 24 and Jan. 27, reveal that 11 days have elapsed since the last trade.Traders bide their timeAs reported,…

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CME’s Futures Options Sprinted Out of the Gate but a Marathon Lies Ahead

CME launched its first Bitcoin options product, but is its initial success a matter of good timing? In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a week after rival exchange CBOE. However, it only took 15 months for CBOE to completely withdraw from the market. By…

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CME Group Announces Launch Date of Options on Bitcoin Futures Product

CME Group Announces Launch Date of Options on Bitcoin Futures Product

The Chicago Mercantile Exchange Group has announced the date it expects to launch options on Bitcoin futures. The Chicago Mercantile Exchange (CME) Group has announced the date it expects to launch options on Bitcoin (BTC) futures in a statement on Nov. 12.“In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure, CME Group will launch options on Bitcoin futures (BTC) on January 13, 2020,” the company revealed in…

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Galaxy Digital and XBTO Execute First Block Trade of Bakkt Bitcoin Futures

Galaxy Digital and XBTO Execute First Block Trade of Bakkt Bitcoin Futures

Intercontinental Exchange, the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin futures contract. Intercontinental Exchange (ICE), the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin (BTC) futures contracts.ICE revealed the development in an Oct. 4 press release, specifying that the first Bakkt Bitcoin Futures block trade was executed between digital assets merchant bank Galaxy Digital and…

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