Beating Bakkt, LedgerX Is First to Launch ‘Physical’ Bitcoin Futures in US

Beating Bakkt, LedgerX Is First to Launch ‘Physical’ Bitcoin Futures in US

Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday. The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both institutional and retail investors. Customers can deposit bitcoin, rather than dollars, when buying a contract.