Keeping in mind the SECs verdict due in a couple of days, I really wish to understand how Bitcoin Futures stand to assuage any negative impact from the SECs decision.
Quoted from the article-
The physical crypto futures is designed to attract investment from institutional investors, who have so far stayed away from the market. Bakkt, notwithstanding, promises a regulated ecosystem where investors can invest in cryptocurrency product.
Reference Article-
https://blockonomi.com/bakkt-bitcoin-futures/[/size]
SEC verdict should already have been posted at September 30th, because this date was deadline, but now SEC already delayed that decision, possibly until sometime in February, so I think the longer the term will be extended, the less it will be affected. And even now I think that if the verdict is negative, the price will still not fall below 5800$.