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RE: BTC - Bakkt Bitcoin Futures continue to see increasing demand
Futures trading is not adoption. This kind of "adoption" is no reason to celebrate by any metric other than price.
Futures trading is not adoption. This kind of "adoption" is no reason to celebrate by any metric other than price.
These futures products are physically settled, meaning that actual bitcoin changes hands. It offers a regulated way for institutions to gain exposure to bitcoin, and in my opinion getting institutions involved in the space is a good thing for all of us.