Following the records in defi sphere and trading volumes, the new ATH also appeared in the derivatives environment. Bakkt has been seriously gaining momentum lately, although it has always lagged behind the same CME.
According to The Block, yesterday Bakkt showed a turnover of $173 million. The same CME showed the volume of bitcoin futures at around 383 million. Yes, the gap is big, but the upward trend is good, especially considering that Bakkt has been trying hard to break the $100 million mark for the past 3 months.
The number of bitcoins sold on the Bakkt platform on Tuesday was
15 995 bitcoins, which is also a record.
Sources:-
https://www.theblockcrypto.com/linked/77872/bakkts-bitcoin-futures-market-surges-after-months-of-trailing-rival-cme