According to the official Twitter dated July 22, 2019, the Bakkt Bitcoin futures platform has begun testing.
Bakkt's product is futures with a physical bitcoins, after which investors receive the asset itself, not its cash equivalent. For example, the result of buying one USD/BTC futures will be one Bitcoin to the client’s account. Bakkt futures can be purchased for fiat currencies: dollars, euros and pounds.
Other features of the platform:
According to Adam White, the chief operating officer of the project, the introduction of BTC futures will help to ensure more institutional participation in cryptocurrency markets.