Bakkt’s Bitcoin Futures Launch Postponed to January Next Year

The much-awaited Bakkt’s Bitcoin Futures launch has been postponed to January 24th, 2019, initially it was scheduled to launch on December 12th this year.

Bakkt which is company backed by ICE (Intercontinental Exchange) who owns the New York Stock Exchange had announced in August the formal launch of the regulatorily approved product to launch in December. There is a lot of hype and expectation from this product because unlike CME futures these are Physically settled Futures with 100% Bitcoin backing plus ICE is one of the most reputable market makers in the US.

CEO Kelly Loeffler made the announcement in a Medium post detailing about how they are putting all the pieces together for a big launch and are listening to their customers who are very interested in the product that they will be launching.