it's quite an interesting approach and may be just fine as an ETF-like tool.
I didn't give much importance to Backkt, but they seem to be advancing for real and in the right direction.
I didn't give much importance to Backkt, but they seem to be advancing for real and in the right direction.
I have been following them for some while now, they're really showing some positive signs toward achieving their goal. Just as they tweeted "Bakkt uses the existing, time-tested, regulated futures market infrastructure to introduce physically delivered Bitcoin and warehousing to global markets. All aspects of the existing futures market will, for the first time, be part of physical delivery and warehousing of Bitcoin". I see a future in them.
