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Bakkt Bitcoin Options Trading Volume for Last Week was Just Zero | coin❖trellis

Bakkt Bitcoin Options Trading Volume for Last Week was Just Zero

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 …

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