ICE announces record trading volume for physically-delivered Bakkt® bitcoin futures contracts

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced record trading volume for its Bakkt® Bitcoin (USD) Physically Delivered Monthly Futures contracts.

“This strong trading activity is another validation of the important role that our physically-delivered contracts play for price discovery in the bitcoin market,” said Trabue Bland, President of ICE Futures U.S. “Having a fully regulated futures market, supported by Bakkt’s institutional-grade custody, offers a more compelling opportunity for investors and others who want to take positions or manage risk in volatile bitcoin markets.”

Bakkt® Bitcoin Monthly Futures traded a record 15,955 contracts on September 15, 2020, 36% more than the previous record of 11,706 on July 28, 2020.