ANOTHER FUTURES MARKET. What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market Says Report
What Impact Will Nasdaq Plus Bakkt Have on Bitcoin?
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Bakkt, a cryptocurrency exchange built by ICE, the parent company of the New York Stock Exchange, is expected to launch its Bitcoin futures market on January 24.
On November 20, the company delayed the listing of Bitcoin futures citing an unforeseen increase in demand for its futures product. Bakkt stated that it needs additional time to prepare the infrastructure that is required to serve a large group of investors based in the US.
“ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract for trading on trade date Thursday, January 24, 2019, subject to regulatory approval. The new listing timeframe will provide additional time for customer and clearing member onboarding prior to the start of trading and warehousing of the new contract,” Bakkt announced.
More investors, more ways to invest, all good.
the more and more institutional investors getting into it now making me fear about its future