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ICE CEO: Bakkt Will Launch Bitcoin Futures In 'Very Near Future'
Bitcoin futures platform Bakkt is gearing up to launch soon, the head of its parent firm said Thursday, although he did not set a firm timeline. Intercontinental Exchange (ICE) CEO Jeffrey Sprecher, speaking during a quarterly earnings call, said Bakkt is “working to develop a regulated ecosystem that services the evolving needs of [participants] around the world,” adding: “Subject to final regulatory approvals, we plan to launch our physically settled bitcoin futures in the very near future.” Sprecher did not provide a specific timeline. ICE first announced Bakkt in August, unveiling an ambitious plan to ... (full story)