Alex Krüger is betting high on the launch of ICE’s Bakkt platform to trigger the next Bitcoin price surge. He also looks optimistic about the CBOE Bitcoin ETF expected to arrive by March 2019.
Pending the regulatory approval from CFTC, the physically-settled Bitcoin futures on Bakkt is expected to go live on 12th of December.
Coinbase lost an essential team member as the former lead of institutional products, Adam White quits to join an intercontinental digital ecosystem.
Bakkt CEO said that the physically-settled Bitcoin futures contracts would be completely pre-funded while the facility of margin trading won’t be provided.
Kelly says that the regulated and licensed Bakkt platform will provide an easy entry point for the arrival of institutional products like Bitcoin ETF.
Bakkt aims to develop an integrated platform with a seamless global network to enable crypto enthusiasts operate their digital spendings easily.