The short answer is yes. Bakkt, the digital asset platform subsidiary of Intercontinental Exchange (ICE), announced today that it would launch Bitcoin (BTC) futures contracts on December 12, 2018.
The news sent shockwaves through the crypto community, as Bakkt is one of the most highly anticipated digital asset platforms.
Bakkt’s BTC futures contracts will be physically settled, meaning that each contract will be backed by one BTC. This is a significant difference from the cash-settled BTC futures contracts that are currently available on CBOE and CME.
NOTE: WARNING: Can I buy Ethereum on Bakkt? This question is misleading as Bakkt does not currently offer Ethereum trading services. Although Bakkt may offer Ethereum trading services in the future, this has not yet been confirmed and no official announcements have been made. As such, we would advise caution when considering any investment or trading activities involving Ethereum on the Bakkt platform.
Physically settled BTC futures contracts will attract institutional investors who are prohibited from investing in cash-settled BTC futures due to regulatory reasons. This could lead to a significant increase in demand for BTC, and consequently, a rise in price.
In addition to BTC futures, Bakkt is also planning to launch other products such as physically settled BTC options and a digital asset warehouse. The platform has the potential to become a one-stop shop for institutional investors who want to get exposure to digital assets.
The launch of Bakkt is a positive development for the crypto industry as it legitimizes digital assets and could lead to mass adoption in the future.
9 Related Question Answers Found
Bakkt is a cryptocurrency exchange platform that was launched in September 2018. The platform is owned by Intercontinental Exchange, the parent company of the New York Stock Exchange. Bakkt was created to provide a regulated and secure environment for trading cryptocurrencies.
Yes, you can buy Ethereum in a Roth IRA. A Roth IRA is an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. You can contribute to a Roth IRA if you have earned income from a job or are self-employed.
If you’re looking to invest in Ethereum, a Roth IRA may be a good option. Ethereum is a digital currency that can be used to purchase goods and services, but it can also be traded like a stock. That means it can be volatile, and you could lose money if you don’t know what you’re doing.
As of right now, Charles Schwab does not offer the option to buy Ethereum directly. However, there are a few workaround methods that could be used in order to indirectly purchase Ethereum through Charles Schwab. The first method would be to use Charles Schwab as your brokerage account to buy Bitcoin.
Yes, you can buy Ethereum in your Roth IRA. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ether, the native currency of Ethereum, is mined through a Proof of Work consensus algorithm.
As the second largest cryptocurrency by market capitalization, Ethereum has attracted a lot of attention from investors and crypto enthusiasts over the past few years. And with good reason! Ethereum’s smart contract functionality allows for the creation of a wide range of decentralized applications (dApps) that have the potential to revolutionize many industries.
Yes, you can buy Ethereum now. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ether, the native cryptocurrency of Ethereum, is used to pay for transaction fees and computational services on the Ethereum network.
Yes, you can buy Ethereum with Euro on Binance. Binance is a world-renowned cryptocurrency exchange that offers a platform for trading various digital assets, including Ethereum. The Euro is one of the many fiat currencies that Binance supports.
Yes, you can buy Ethereum with cash. There are a few different ways to do this, but the most common is to use a peer-to-peer exchange like LocalEthereum or Paxful. LocalEthereum is a decentralized marketplace that allows users to buy and sell ETH using a variety of payment methods, including cash.
