Details of First Physical Delivered BTC Futures Revealed, Bakkt Sets User Test Date

[ChainDD report] June 14 (ChainDD) Bakkt, the digital assets trading platform of New York Stock Exchange (NYSE)’s parent Intercontinental Exchange (ICE), will initiate user acceptance testing for its Bitcoin futures listed and traded at ICE Futures US and cleared at ICE Clear US on July 22, two days after Apollo 11’s 50th anniversary, Adam White, chief operating officer of Bakkt, announced on June 13.

Intending to compare the test to Apollo 11’s record-making human landing on the moon, White said the test is no small step and the launch will “usher in a new standard for accessing crypto markets”. But he didn’t disclose the specific date of listing the Bitcoin futures.

According to White’s announcement, Bakkt recently announced it will support the ICE Futures U.S. launch of…

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