ICE delays bitcoin futures launch citing CFTC ‘process’

NYSE PA 230X150
By Costas Mourselas
02 Jan 2019

New bitcoin futures engineered by Bakkt, a cryptocurrency firm set up by Intercontinental Exchange, will be delayed, according to a market notice released by ICE on New Year’s Eve.

The launch of the physically settled contract has been “amended pursuant to the CFTC’s [Commodity Futures Trading Commission’s] process and timeline”, according to an ICE market notice. The contract was due to be launched on January 24.

ICE declined to comment on when the contract was expected to launch. ...

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