Bakkt BTC Futures Break Yet Another Record

On Friday Oct. 25, the Bakkt platform traded 1183 Bitcoin Monthly Futures contracts, or the equivalent of 1183 BTC, reaching another all-time high according to Bakkt Volume Bot. This represents a 257% increase in trading volume in 24 hours from Thursday and an 85% increase from the previous ATH.

At press time, today’s volume so far equals 302 BTC, reports monitoring resource Bakkt Volume Bot.

As COIN360 reported earlier, last week Intercontinental Exchange’s cryptocurrency venture Bakkt announced the launch of the first regulated options contracts for bitcoin futures, scheduled for December 9, in a run to forestall CME Group.