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This intense uptake has been gradually building all year, with Cointelegraph previously reporting that in May, CME Bitcoin futures had hit a then all-time high.
Elsewhere in the institutional Bitcoin futures space, Bakkt Warehouse — the qualified custodian for crypto trading platform Bakkt — began accepting customer Bitcoin deposits and withdrawals earlier this month.
Bakkt intends to launch physically-delivered Bitcoin futures, in contrast to the existing cash-settled Bitcoin futures offered by both CME and the Chicago Board Options Exchange.