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Bakkt Trades Nearly 19k Contracts Of Cash-Settled Bitcoin Futures In December

Summary: Bakkt, a subsidiary of Jeffrey Sprecher-owned Intercontinental Exchange Inc., traded 18,946 contracts of its cash-settled Bitcoin futures in December, according to the company's latest tweet. On Dec. 16, it managed to trade as many as 2,224 contracts, which remains the highest daily volume for the recently launched product.

Bakkt, a subsidiary of Jeffrey Sprecher-owned Intercontinental Exchange Inc., traded 18,946 contracts of its cash-settled Bitcoin futures in December, according to the company's latest tweet. On Dec. 16, it managed to trade as many as 2,224 contracts, which remains the highest daily volume for the recently launched product.

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