Bakkt futures are making a move into Singapore

Rajan Dhall, MSTA FX Daily

It has been noted that Bakkt is launching its Singapore-listed bitcoin futures contracts on 9th December.

It was a slow start for Bakkt futures on the ICE exchange but things have picked up and expansion is on the cards.

There has also been talk of an options contract and it would be welcome news to institutional traders.

Our new cash settled futures contract will offer investors in Asia and around the world a convenient, capital efficient way to gain or hedge exposure in bitcoin markets

Lucas Schmeddes, president and COO of ICE Futures and Clear Singapore.

In the same announcement, the ICE subsidiary also revealed that it would “launch the first regulated options contract for bitcoin futures,” also on the same date.

The industry is in need of some good news today as the price of BTC/USD crashed below 7K today, hitting a low of 6,775.47.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.