RE: Bakkt Bitcoin Futures Smashes Records Two Days Running
The hits keep coming – 11,506 contracts on July 28th with Bakkt’s Bitcoin futures contracts – 85% up from the last record – and then 11,706 on July 29th
Bakkt Bitcoin Futures Smashes Records Two Days Running
“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. The move followed a surge in the underlying asset’s price to a 2020 high of $11,400.
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.’”