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Bakkt is a digital asset platform launched by the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. It is testing Bitcoin futures traded at ICE Futures U.S. Bakkt Bitcoin Futures Contracts are physically-delivered contracts, meaning that upon expiration, the seller delivers Bitcoin to the buyer. This development is significant as it may pave the way for institutional investors, often referred to as 'whales,' to enter the cryptocurrency market.

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