Bakkt's volumes are soaring as bitcoin sinks, and it could signal impending 'hockey stick growth'

Quick Take

  • Bakkt and CME both saw their bitcoin futures trading volumes soar by at least 100%
  • Shorting might be fueling activity on the platforms
  • Bakkt’s growth could continue, one expert predicts
Cryptocurrency markets have faced a rout over the last month, but two firms are benefiting from the bearish price action.  Bitcoin has tumbled over 11% over the past five days, falling below $6,500 for the first time in recent months on Sunday. Still, U.S.-regulated bitcoin futures markets have seen their volumes explode over the last […]

Subscribe to The Block News+ to
Unlock this Feature


per year
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.


Trending Stories