LedgerX exchange launches physically settled Bitcoin mini futures
LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled (BTC) futures contracts. This allows investors to receive physical delivery of BTC and some analysts believe this will amplify the impact on the price of BTC.
When Bakkt first launched with the backing of its NYSE parent company ICE (NYSE:), it received significant hype. Most of the interest around the platform surrounded its physical delivery of BTC, meaning, if institutions desired, they could actually hold BTC via Bakkt’s custodial security service.
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