RE: BTC - Bakkt Bitcoin Futures continue to see increasing demand

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BTC - Bakkt Bitcoin Futures continue to see increasing demand

in bitcoin •  5 years ago 

Futures trading is not adoption. This kind of "adoption" is no reason to celebrate by any metric other than price.

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These futures products are physically settled, meaning that actual bitcoin changes hands. It offers a regulated way for institutions to gain exposure to bitcoin, and in my opinion getting institutions involved in the space is a good thing for all of us.