It is a pretty crazy tool and now that it allows institutions and retail investors to hedge their bets side by side it could prove to be an interesting place to play in for those who don’t like the topsy turbulence BTC price
I do think it was a little too early for these products since there’s still the ease of market manipulation!
I mean as soon as these bakkt contracts came out we saw a big sell of 5000 BTC on Bitmex and the price dropped and others continued to sell driving the price down!
Whose to say that wasn’t someone or a group invested in futures!
RE: ADSactly Crypto: How Bitcoin Futures Could Affect The Future Of Bitcoin