You would have thought that the "testing" of the first physically-settled bitcoin futures by Bakkt would have made some ripples in the pond by now, but it is either a born dead baby or the ripples in the pond has been over hyped by the media and the response to this announcement were anticipated and priced into the market. 

It is either that or the market anticipates that this "testing" is just a marketing gimick, because the Commodity Futures Trading Commission (CFTC) has not approved this new product yet. 

Anyone know anything more about this and/or participated in this testing?