Bakkt, a company owned by the Intercontinental Exchange, has just launched the first Bitcoin Futures market.
It is a significant event for institutional investors who already trade with ICE on other major commodities.
Bakkt’s CEO stresses three reasons why the event matters:
- Reliable and regulated infrastructure;
- Adoption of new digital currency-powered technology and financial instruments;
- The rapid expansion of innovative methods for managing and transferring digital value.
All of them can contribute to growing the acceptability of Bitcoin (BTC) as a significant investment vehicle.
Binance, the biggest cryptocurrency exchange in the world, just opened its new US operations.