CME Group to Launch Options on Bitcoin Futures in Q1 2020

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.