While other cryptocurrencies in the leading cryptocurrency Bitcoin (BTC) have drawn a fairly sharp decline or rise in recent times, a few news that many investors are eagerly waiting for can make this situation completely uplift. For a long time, the Bakkt platform, which has created excitement like the same Bitcoin ETF and has been eagerly anticipated, will finally be entering a bit of market today.
Bakkt, a New York securities Exchange, and supporters like Microsoft and even Starbucks, has come almost to the end of the months of Hustle and busters. The stock exchange will begin testing Bitcoin futures contracts with physical delivery from July 22nd. The physical delivery of the Bitcoin futures is the first of its kind in the US markets and therefore has a serious impact. Who will test the product or how to test it now remains unknown.
Nevertheless, it is a big event for the crypto-currency market, even if BAKKT can go to the test phase. Bakkt’s CEO recently held an event organized by the New York Stock Exchange on July 22nd, where the tests would begin and the Bitcoin futures will be fully released towards the end of the third quarter of this year. First-hand verification.