On Monday, Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange (NYSE), said its Bakkt platform will offer bitcoin futures by December, a move some market observers believe could be positive for efforts to finally bring highly anticipated bitcoin exchange traded funds to market.

“Bakkt, a global cryptocurrency platform developed by ICE to enable investors, merchants, and consumers to access, trade, and utilize digital assets in a faster, cost-effective, and regulated way, is planning to introduce a suite of products including its cryptocurrency futures markets to strengthen the global infrastructure that supports digital assets,” reports CryptoSlate.

Bitcoin futures debuted in the U.S. in December and some traders are using data from that marketplace to forecast moves in the largest cryptocurrency.

Bitcoin futures debuted on the Chicago Board Options Exchange (CBOE) in December with CME Group following suit just a few days later. The derivatives linked to the largest digital currency by market value are seeing a steady rise in activity.

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Derivatives help increase liquidity and improve markets for an asset category by allowing investors to bet on ups and downs of an asset, evening allowing individuals to adopt market-neutral strategies. They are also a key component in the creation of many futures-backed ETFs utilized by a range of investors. However, bitcoin futures have yet to spark the creation of ETFs related to the largest digital currency.

Related: VanEck And SolidX Continue Bitcoin ETF Effort