Cryptocurrency
Bakkt’s monthly bitcoin futures hit all-time-high of $37M
The Block reports, “Bitcoin futures market Bakkt just logged the largest single-day volumes for its physically-settled monthly bitcoin future contract. “Volumes hit ~$37.45 million on Wednesday, passing its previous high of ~$19.96 million on November 22. The total volume of Bakkt’s monthly bitcoin futures now stands at $269.64 million (33,036BTC) since the market launched on […]
The Block reports, “Bitcoin futures market Bakkt just logged the largest single-day volumes for its physically-settled monthly bitcoin future contract.
“Volumes hit ~$37.45 million on Wednesday, passing its previous high of ~$19.96 million on November 22. The total volume of Bakkt’s monthly bitcoin futures now stands at $269.64 million (33,036BTC) since the market launched on Sept. 23. The average volume has been ~$5.62 million (688.25 BTC) a day over the last 48 trading days. ..”
