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Bakkt Bitcoin Futures Smashes Records Two Days Running

Published 07/29/2020, 12:15 AM
Updated 07/29/2020, 02:00 AM
Bakkt Bitcoin Futures Smashes Records Two Days Running
ICE
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BTC/USD
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Intercontinental Exchange (NYSE:ICE) 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. The move followed a surge in the underlying asset’s price to a 2020 high of $11,400.

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