BAKKT BITCOIN FUTURES SMASHES RECORDS TWO DAYS RUNNING
The world of cryptocurrency futures is heating up, and Bakkt Bitcoin Futures is leading the charge. Over the last few months, the interest surrounding bitcoin futures and cryptocurrency derivatives products has been growing fast.In a remarkable display of institutional interest, the Intercontinental Exchange (ICE) subsidiary, Bakkt, reported record-breaking trading volumes for its Bitcoin futures contracts, achieving this feat for two consecutive days. For some time now, open interest in CME s bitcoin futures has been breaking records. Bakkt s futures platform began testing contracts on Monday and the company says there are participants from all around the world. Elsewhere, bitcoin derivatives provider Ledgerx is listing a huge $100K call option with a December 2025 expiry.This surge in activity underscores a growing appetite for Bitcoin among institutional investors and provides valuable insights into the evolving landscape of cryptocurrency trading. Almost a month after breaking its record twice in two consecutive days, volumes on Bitcoin futures offered by Intercontinental Exchange [ICE] subsidiary, Bakkt, hit yet another milestone. The institutionalThis surge coincides with Bitcoin prices testing new yearly highs, further fueling the excitement.But what exactly is Bakkt, what are Bitcoin futures, and what's driving this explosive growth?This article delves deep into these questions, exploring the factors behind Bakkt's success, the implications for the broader crypto market, and what this all means for both seasoned and aspiring crypto investors. Please refer to the Onboarding Checklist. To request access to the Bakkt Bitcoin (USD) Monthly Future s contracts and the Bakkt Bitcoin (USD) Monthly Options contract, please reach out to your ICE sales contact, Bakkt Sales or the ICE Help Desk. 7. If I am already permissioned to trade Bakkt Bitcoin Futures on IFUS, do I need to be separatelyAre we on the cusp of a new era of institutional adoption, or is this just a temporary spike?Read on to find out.
Understanding Bakkt and Bitcoin Futures
Before diving into the record-breaking volumes, let's define some key terms.Bakkt is a cryptocurrency trading platform and custodian owned by the Intercontinental Exchange (ICE), the same company that owns the New York Stock Exchange. Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.It's designed to provide institutional investors with a regulated and secure way to access the cryptocurrency market. Bakkt Bitcoin Futures Smashes Records Two Days Running. Bakkt Bitcoin Futures Smashes Records Two Days Running. Open in App Get 45% OffBakkt distinguishes itself by offering physically-settled Bitcoin futures, meaning contracts are paid out in Bitcoin rather than cash.
Bitcoin futures are contracts that obligate the holder to buy or sell Bitcoin at a predetermined price on a specific future date.They allow investors to speculate on the future price of Bitcoin without actually owning the underlying asset.This is particularly attractive to institutional investors who may face regulatory hurdles or internal restrictions preventing them from directly holding Bitcoin.
- Cash-Settled Futures: These futures are settled in cash, meaning the difference between the contract price and the Bitcoin price on the expiration date is paid out in USD.
- Physically-Settled Futures: Bakkt offers physically-settled futures, which means that upon expiration, the holder receives actual Bitcoin.This is considered more appealing to institutional investors seeking direct exposure to the asset.
The Record-Breaking Streak: Numbers and Details
The specific dates mentioned in the snippets highlight a period of intense activity.On one particular day, Bakkt reported a record of 11,509 contracts traded, representing approximately $127 million worth of Bitcoin.The very next day, this record was broken again, with 11,706 contracts traded, exceeding $125 million in value.This surge in volume demonstrates a strong and growing interest in Bakkt's Bitcoin futures product.
Furthermore, subsequent reports indicated even larger figures.At one point, Bakkt registered its highest-ever figure of $147 million in volume with 12,791 contracts traded.These numbers not only represent significant milestones for Bakkt but also underscore the increasing acceptance and adoption of Bitcoin among institutional players.
Analyzing the Numbers
To fully appreciate the significance of these figures, consider the following:
* Contract Value: Each contract represents one Bitcoin (1 BTC). * Trading Volume: The volume reflects the total number of contracts traded, indicating the level of activity on the platform. * Dollar Value: Multiplying the contract volume by the current Bitcoin price provides an estimate of the dollar value of Bitcoin traded through Bakkt's futures.What's Driving the Surge in Bakkt Bitcoin Futures?
Several factors could be contributing to this surge in activity.Here are some of the most likely reasons:
* Rising Bitcoin Prices: As Bitcoin prices reach new highs for the year, institutional investors may be looking for ways to capitalize on the upward trend. Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year. The institutional investing platform reported its highest ever figure for Bitcoin monthly futures on Jul. 28 with 11,506 contracts an increase of 85% over the previous record.Futures contracts provide a leveraged way to participate in the market without the need to directly purchase and store Bitcoin. * Increased Institutional Adoption: The growing acceptance of Bitcoin as a legitimate asset class by institutional investors is a major driver.Bakkt, with its regulated platform and physically-settled futures, provides a comfortable and secure entry point for these investors. * Regulatory Clarity: The increasing regulatory clarity surrounding cryptocurrencies in some jurisdictions is further encouraging institutional participation.Bakkt's compliance with regulatory standards provides added assurance for institutional investors. * Market Volatility: While volatility can be a concern, it also presents opportunities for traders.Futures contracts allow investors to profit from both rising and falling prices, making them an attractive tool in volatile market conditions. * Accessibility and Security: Bakkt offers a regulated environment and physically-settled futures, appealing to institutions that require secure and compliant ways to invest in Bitcoin. * Broader Crypto Market Growth: The increased interest surrounding bitcoin futures and cryptocurrency derivatives products has been growing. * Growing confidence: The fact that Bakkt futures are physically-settled, meaning investors receive actual bitcoin upon settlement, might be more appealing and thus drive more confidence.Bakkt vs. Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. from Cointelegraph.com NewsCompetitors: A Comparison
While Bakkt is making headlines, it's important to consider its position within the broader cryptocurrency futures market.Other exchanges, such as the Chicago Mercantile Exchange (CME), also offer Bitcoin futures.However, Bakkt's physically-settled futures differentiate it from many competitors that offer cash-settled contracts. インターコンチネンタルエクスチェンジ(ICE)の子会社であるバックト(Bakkt)は、ビットコイン(BTC)価格が今年の最高値を記録したことを受け、ビットコイン先物契約が記録的な取引数に達した。It's also worth noting that while Bakkt has been breaking records, its volumes still pale in comparison to those of major crypto exchanges like Binance and Huobi.
CME Bitcoin Futures
CME's Bitcoin futures have also seen increased activity and open interest, suggesting a broader trend of institutional interest in Bitcoin derivatives. Trading in the new bitcoin futures began just after 8 p.m. EDT, with the first trade at $10,115.00, in line with the current price of bitcoin, said a spokesman for the exchange s parent company, Intercontinental Exchange Inc. ICE -2.97% Futures let traders bet on whether an underlying market such as oil, gold, stocks or currencies will riseHowever, CME's contracts are cash-settled, which may be less appealing to some institutional investors who prefer direct exposure to Bitcoin.
Binance and Huobi
While Bakkt's volumes are impressive, they are still significantly lower than those of major crypto exchanges like Binance and Huobi. Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year. The institutional investing platform reported its highest ever figure for Bitcoin monthly futures on Jul. MoreThese exchanges cater primarily to retail investors and offer a wide range of cryptocurrency trading products beyond Bitcoin futures.
The Impact on the Bitcoin Market
The increasing activity in Bakkt's Bitcoin futures market has several potential implications for the broader Bitcoin market:
* Price Discovery: Futures markets can contribute to price discovery by providing a platform for informed speculation and hedging.Increased activity in Bakkt's futures market may lead to more efficient price discovery for Bitcoin. * Liquidity: Higher trading volumes in futures markets can increase liquidity in the underlying Bitcoin market. On July 29, Bakkt topped the new record with 11,706 contracts traded. Talk about momentum! We beat yesterday's record with 11,706 Bakkt Bitcoin Futures traded today - that's over $125MM of bitcoin. Bakkt s physically-settled contracts are paid out in BTC as opposed to cash-settled contracts that are delivered in USD.This can make it easier for investors to buy and sell Bitcoin without significantly impacting the price. * Institutional Adoption: The success of Bakkt's Bitcoin futures could further encourage institutional adoption of Bitcoin. Bakkt, filiale dell'Intercontinental Exchange, sta registrando numeri di compravendite da record per i suoi contratti future mensili su Bitcoin, mentre il prezzo di BTC segna un nuovo massimo annuale. Il 28 luglio, la piattaforma per investimenti istituzionale ha riportato il pi alto numero diAs more institutions enter the market, it could lead to greater price stability and reduced volatility. * Market Maturity: The development of a robust Bitcoin futures market is a sign of increasing maturity in the cryptocurrency market. Bakkt, a regulated platform for crypto asset custody and trading owned by Intercontinental Exchange, has reported record daily trading volumes for its physically-settled Bitcoin futures contracts.[BREAK] On September 16, Bakkt announced that more than $200 million worth of BTC contracts had been traded over a single day - breaking its previous record by 36%.It provides institutional investors with more sophisticated tools for managing risk and participating in the market.How to Get Involved with Bitcoin Futures (For Qualified Investors)
Trading Bitcoin futures is not for everyone. Bakkt Bitcoin Futures Smashes Records Two Days Running Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year.It requires a high level of understanding of financial markets and risk management.Here are some general steps for those who are qualified to trade:
- Choose a Brokerage: Select a brokerage that offers access to Bitcoin futures trading. La filial de Intercontinental Exchange, Bakkt, inform sobre un n mero hist rico de operaciones para sus contratos mensuales de futuros de Bitcoin, ya que los precios de BTC alcanzaron un nuevo r cord este a o. Bakkt: los futuros liquidados en Bitcoin superan a los realizados en efectivoConsider factors such as fees, margin requirements, and platform features.
- Open an Account: Complete the necessary paperwork and fund your account.Be prepared to provide documentation to verify your identity and financial standing.
- Understand Margin Requirements: Bitcoin futures trading involves margin, which means you only need to deposit a fraction of the total contract value.However, margin can also amplify losses.
- Develop a Trading Strategy: Before entering any trades, develop a well-defined trading strategy that includes entry and exit points, risk management rules, and position sizing.
- Monitor Your Positions: Continuously monitor your positions and be prepared to adjust your strategy as market conditions change.
Important Considerations
* Risk Management: Bitcoin futures trading is highly leveraged and involves significant risk.Implement strict risk management techniques, such as stop-loss orders, to limit potential losses. * Regulatory Compliance: Ensure that you comply with all applicable regulations and reporting requirements. * Education: Continuously educate yourself about the cryptocurrency market and futures trading strategies.Bakkt's Future and the Evolving Landscape
Bakkt's recent success highlights the growing demand for regulated and institutional-grade cryptocurrency products. BAKKT BITCOIN FUTURES SMASHES RECORDS TWO DAYS RUNNING.Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly BitAs the cryptocurrency market continues to mature, we can expect to see more innovative products and services emerge, catering to the needs of both retail and institutional investors. Bitcoin surged from $74,434 to $112,000 by, but pulled back to $103,127. Weekly charts target $125,000 130,000; daily charts show consolidation with support at $97,500 103,000It is important to remember that despite the milestone, Bakkt's future volumes are still far less than top crypto exchanges like Binance and Huobi.
Bakkt also offers options contracts. Bakkt Bitcoin Futures Smashes Records Two Days Running Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. from Cointelegraph.com NewsTo request access to the Bakkt Bitcoin (USD) Monthly Future's contracts and the Bakkt Bitcoin (USD) Monthly Options contract, individuals can reach out to their ICE sales contact, Bakkt Sales, or the ICE Help Desk.
It's also important to remember that Bakkt isn't the only platform making strides. Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthlyOther institutional exchanges have also managed to break a few records, signifying a more widespread move towards institutional investment. Skew highlights that Bakkt isn t the only institutional exchange that has managed to break a few records within this week.CME's bitcoin futures have also been hitting record open interests for some time now.
Common Questions About Bitcoin Futures and Bakkt
What are the risks of trading Bitcoin futures?
Bitcoin futures trading involves significant risks, including high leverage, market volatility, and regulatory uncertainty.It's crucial to understand these risks and implement appropriate risk management strategies before engaging in futures trading.
Is Bakkt a safe platform for trading Bitcoin futures?
Bakkt is a regulated platform owned by the Intercontinental Exchange (ICE), which provides a degree of security and oversight. Despite the milestone, Bakkt s future volumes pale in comparison to those of top crypto exchanges Binance and Huobi. Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.However, all cryptocurrency trading platforms are subject to risks, including hacking and fraud.It's important to choose a reputable platform and take steps to protect your account.
Are Bitcoin futures suitable for beginners?
Bitcoin futures trading is generally not suitable for beginners. Bakkt Bitcoin Futures Smashes Records Two Days Running J @ Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year.It requires a strong understanding of financial markets, risk management, and cryptocurrency.Beginners should consider starting with simpler investment strategies, such as buying and holding Bitcoin directly.
How do physically-settled Bitcoin futures differ from cash-settled futures?
Physically-settled futures deliver actual Bitcoin upon expiration, while cash-settled futures pay out the difference between the contract price and the Bitcoin price in cash. Almost a month after breaking its record twice in two consecutive days, volumes on Bitcoin futures offered by Intercontinental Exchange [ICE] subsidiary, Bakkt, hit yet another milestone. The institutional investing platform registered its highest-ever figure of $147 million in volume with 12,791 contracts traded on 25th August, as per the dataPhysically-settled futures may be more appealing to institutional investors seeking direct exposure to Bitcoin.
What are the fees associated with trading Bitcoin futures on Bakkt?
Fees vary depending on the brokerage and the specific contract. Skip to main content Bitcoin Insider. MenuBe sure to research and understand the fees before engaging in futures trading.
Conclusion: The Future is Futures
The record-breaking activity in Bakkt's Bitcoin futures market signals a significant shift in the cryptocurrency landscape. On November 22, Bakkt s Bitcoin (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning.As institutional investors become more comfortable with Bitcoin and other cryptocurrencies, we can expect to see continued growth in the derivatives market.Bakkt's success is a testament to the demand for regulated, secure, and institutional-grade cryptocurrency products. Trading volumes in Bitcoin futures offered by Bakkt, the cryptocurrency-focused subsidiary of the Intercontinental Exchange, set a new record of 11,509 contracts on July 27. Considering that each contract represents 1 BTC, roughly $127 mln worth of them changed hands yesterday.While challenges remain, the future looks bright for Bitcoin futures and the broader cryptocurrency market.Key takeaways include the increasing institutional interest in Bitcoin, the importance of regulatory clarity, and the potential for futures markets to contribute to price discovery and liquidity.The surge in Bakkt's Bitcoin futures signifies growing institutional adoption and market maturity.Investors should stay informed, manage risk prudently, and approach this evolving landscape with caution and optimism.
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