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Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday.
The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both institutional and retail investors.
Customers can deposit bitcoin, rather than dollars, when buying a contract.
LedgerX has beaten the Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX to the punch with its new offering.
https://www.coindesk.com/beating-bakkt-ledgerx-is-first-to-launch-physical-bitcoin-futures-in-us
The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both institutional and retail investors.
Customers can deposit bitcoin, rather than dollars, when buying a contract.
LedgerX has beaten the Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX to the punch with its new offering.
https://www.coindesk.com/beating-bakkt-ledgerx-is-first-to-launch-physical-bitcoin-futures-in-us