Bitcoin Futures Could Go Live on ICE’s Crypto Trading Platform in December

The Intercontinental Exchange’s upcoming cryptocurrency trading platform Bakkt will officially launch on December 12, pending regulatory approval.

ICE announced Monday that Bakkt could begin offering physically settled bitcoin futures contracts in December, marking the first cryptocurrency-related offering provided through the new platform. Bakkt will hold the bitcoins backing the futures contract in the ICE Digital Asset Warehouse, according to the notice, provided the Commodity Futures Trading Commission (CFTC) signs off.

These futures contracts will be cleared through ICE Clear US, another subsidiary of the exchange, which notably owns the New York Stock Exchange.

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