Bakkt

Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High

Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding …

Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High Read More »

Experts Debate Bitcoin Price Volatility as $675M in BTC Options Expire

On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a large price movement. With less than 24 hours until the highly anticipated expiration, Bitcoin’s price dropped by 7% on a …

Experts Debate Bitcoin Price Volatility as $675M in BTC Options Expire Read More »

Bakkt and Galaxy Digital Team-Up on New Institutional Offering

The Intercontinental Exchange’s digital asset custody and derivatives platform Bakkt has partnered with crypto asset manager Galaxy Digital to launch a ‘white glove’ service for institutions seeking Bitcoin (BTC) exposure. The collaboration will see Galaxy Digital Trading’s (GDT) matching engine and trading platform offered alongside Bakkt’s digital asset custody services.  “We designed this partnership to …

Bakkt and Galaxy Digital Team-Up on New Institutional Offering Read More »