21 Jul 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.
We think #Bakkt could be a huge catalyst for institutional participation in the #crypto market. Here are our takeaways from the Bakkt institutional summit yesterday at the NYSE… #bitcoin #BTC #ETH @fundstrat @fundstrat_ken pic.twitter.com/lkRylD1P4C
— Sam Doctor (@fundstratQuant) July 19, 2019
And per an analysis from Sam Doctor of Fundstrat, institutions and other entities in attendance were not only bullish on…
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