Too Long; Didn't Read
Bitcoin futures exchange Bakkt will finally launch physically-settled bitcoin futures contracts on September 23, 2019. The truth is more complicated than “BAKKT -> FOMO -> MOON!” Bitcoin dropped 85 percent shortly after CME rolled out its first contracts in 2017. Some large investors already report they bought bitcoin through brokers or directly from the markets, and others invested with other Wall Street firms. Bakkt’s pedigree gives it a unique opportunity to bring mainstream credibility to cryptocurrency.