Bakkt Poised To Set $200 Million November Record For Bitcoin Futures Contracts


According to Bakkt Volume Bot (@BakktBot), a Twitter handle dedicated to showing real-time reports of Bakkt’s daily trades, the platform hit its current all-time high for a number of contracts traded on Oct 25, at 1183 contracts. Its recorded volume for yesterday hit 1061 contracts ($10 million) which represented an amazing 96% surge from the day before. It has now been estimated that if the platform can keep up with its current trajectory, then it will record well more than $200 million worth of Bitcoin futures contracts, this month.

Bakkt is operated by the Intercontinental Exchange (ICE) and officially began its services on the 22nd of September.

Image Credits: Pixabay

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