Is Bakkt Really Bullish for Bitcoin? Here’s What Analysts are Saying

Bakkt, the long-awaited cryptocurrency trading platform by the Intercontinental Exchange (ICE) announced Friday that it (finally) obtained the regulatory approval to go ahead with the launch of the company’s institutional-grade custody solution and physically-delivered Bitcoin Futures contracts.

The buzz has been quite loud across the cryptocurrency space ever since as the company prepares to roll out these flagship products on Sep 23 officially.

Expectedly, the news has generally been perceived pretty bullish by most analysts and commentators, with some going as far as calling it the best thing yet for Bitcoin and its brethren.

Is it really that bullish, though?

Let’s find out why Bakkt’s entry into the scene has instilled such enthusiasm among industry proponents. Read More at BeInCrypto...

#BTC #Bakkt #Futures

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