Bakkt, the highly touted cryptocurrency exchange founded by the Intercontinental Exchange, saw zero Bitcoin options traded last week as it continues its hugely underwhelming start to life.
The Bitcoin futures exchange, governed by the company behind the New York Stock Exchange, was billed as a gateway for institutional investors to get in on the world of crypto trading given its close associations with established financial institutions. However, the pre-launch excitement failed to translate into activity as Bakkt traded just 623 futures contracts in the first week of launch in late September. Volume did start to pick …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.