Recently Bitcoin price dropped by a little more than -5%. This price movement is rather unexpected since the community anticipated the opposite after Bakkt announced their test launch of its new Bitcoin futures trading platform.
After many delays and uncertainty, finally, Bakkt’s Bitcoin Futures launched the user acceptance tests. The mission is to support the development of trusted infrastructure for securely transacting in the new market for digital assets.
Bakkt Digital Asset Summit highlighted important developments in the launch of Bakkt Bitcoin Futures, which beta release is expected today. CFTC commissioner Dawn Stamp acknowledged the high demand for the derivative product.