Bakkt’s intention to provide a pure non-leveraged Bitcoin futures product seems to have evaporated — both of the firm’s futures contracts are traded on margin, as pointed out by Alex Kruger: “Myth: Bakkt futures fully backed by bitcoin. Reality: Bakkt futures 37% backed by dollars or treasuries.” More than a year ago Bakkt CEO Kelly […]The post Bakkt claimed its Bitcoin futures contracts wouldn’t be traded on margin for “market integrity” — turns out they are appeared first on CryptoSlate.
