ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract for trading on Wednesday, December 12.
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ICE Futures U.S. offers physically delivered daily futures contracts on Bitcoin traded in BTC/USD.
These contracts will be traded on ICE’s electronic trading platform, which offers industry-leading speed and reliability, regulated by the CFTC. All trades are cleared and guaranteed by ICE Clearing US, the central counterparty for all ICE cleared forex futures trades.
Trades will result in physically delivered Bitcoin in ICE’s regulated Digital Asset Warehouse. Market participants are eligible to transact with any other market participants.
ICE physically delivered bitcoin futures offer trading and hedging opportunities.
Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse and will trade in U.S. dollar terms.
One daily contract will be listed for trading each Exchange Business Day. Full contract specifications are below, and can be found online here.