Bakkt will soon be officially on the Start. On Twitter, the by the Intercontinental Exchange (ICE) – based company announced that it will open up the in-house Custody Service in the next week, just a few weeks before the Bitcoin Futures trading to Start.
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Bakkt Warehouse for customers
No other product made in 2019 for more headlines, as Bakkt. The Bitcoin Futures contracts of the company that could bring fresh money in the market and the Bitcoin price to new heights to promote, to believe some of the market experts.
While the daily and monthly delivered Futures contracts only on 23. September will be available for customers, it is for the own custodian Bank solution “Bakkt Warehouse” in the next week.
“On the 6. September starts our Warehouse with the safe storage of Bitcoin for customers, on the introduction of Bakkt Bitcoin Daily & Monthly Futures to prepare for, if these at 23. September start.
These contracts will enable the physical delivery of Bitcoin to the End-to-End regulated markets and storage.“, the company wrote on Twitter.
The Start of the Bakkt Bitcoin Futures had to be postponed. The reason for the delay was the regulatory hurdles that had to be overcome the company. Meanwhile, the Commodity Futures Trading Commission (CFTC) has given the “green light”.
Physically delivered contracts
Unlike the futures of the CME and the CBOE, will be processed the Bakkt Bitcoin Futures contracts physically, which means that customers at the expiry of real Bitcoin and not the present value of the crypto currency.