Bakkt traded over $200 million worth of Bitcoin in 24 hours

Bakkt announced today that it has traded over $200 million worth of Bitcoin within 24 hours, which eclipsed its previous record by 36 percent. Data from Skew, a crypto market analytics provider, indicated that open interests for Bitcoin futures trading on the platform rose from $11 million to $16 million last week. That is an important landmark for the platform which offers investment interests for Bitcoin institutional investors. The milestone is also coming on the back of a $150 million futures trading volumes on the platform almost a month ago. Bullish Derivatives market excites investors The Bitcoin derivatives market has