A Microsoft-backed NYSE operator is gearing up to roll out Bitcoin futures — and it could propel cryptos into the mainstream
Aug 20, 2019 – Business Insider
“The addition of physically settled Bitcoin futures solves two key problems for institutional investors. First, it offers exposure to Bitcoin on a reputable exchange with few custody concerns. More importantly, it provides true price transparency, which is critical not only for investors’ internal controls, but also for regulators that have held up approval of other products over pricing concerns. Whether Bakkt will open the floodgates for institutional investment in crypto remains to be seen, but it certainly is a significant step in that direction.”— Joshua Gnaizda, founder at Crypto Fund Research