RATE Group | Bakkt Bitcoin Futures Has Reached “Critical Mass”, Expected to Launch in Q3:
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Bakkt Bitcoin Futures Has Reached “Critical Mass”, Expected to Launch in Q3:

Bakkt Bitcoin Futures Has Reached “Critical Mass”, Expected to Launch in Q3:

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In the coming week, Bakkt is expected to test-launch its Bitcoin (BTC) futures product. While many have begun to doubt its viability as a medium for institutional adoption, especially due to the countless delays it faced, this may not be the case.

Related Reading: BitMEX May Be the First Target of the U.S.; Which Crypto Platform is Next?

Earlier this week, the team at Fundstrat Global Advisors, a New York-based markets analysis firm with roots in the cryptocurrency space, attended the Bakkt Institutional Digital Asset Summit that was hosted by the New York Stock Exchange.

And per an analysis from Sam Doctor of Fundstrat, institutions and other entities in attendance were not only bullish on…

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